Expert Insight On LendingCrowd Data Breach And The Need For 2FA On Financial Accounts

By   ISBuzz Team
Writer , Information Security Buzz | Nov 05, 2019 02:28 am PST

LendingCrowd has reported the data security incident to authorities and is communicating with the affected customers. While LendingCrowd has instructed customers to enable two-factor authentication in the wake of this breach, the incident raises the important question of why the financial services firm doesn’t already have 2FA and other strong authentication measures enabled for its customers by default.