Phil speaks with Professor Matthew Warren, Director of RMIT’s Centre for Cyber Security Research and Innovation, about the urgent need for stronger safeguards following a major cyber attack targeting Australian superannuation funds.

Around $500,000 was stolen and thousands of member accounts were breached.

Professor Warren stresses that weak authentication systems are to blame and calls for mandatory, non-optional multi-factor authentication for all customers, noting that current standards allow opt-outs that leave systems vulnerable.

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