In light of recent data breaches that have raised significant concerns across Australia, SapphireOne is taking proactive steps to enhance your data protection and have now implemented Two-Factor Authentication (2FA) across both the SapphireOne client and Sapphire Web Pack. This pivotal enhancement not only addresses the growing need for robust digital security but also reaffirms our steadfast dedication to safeguarding your organisations data with the highest standards of protection.
Why SapphireOne Chooses Not to Use Single Sign-On (SSO)
While Single Sign-On (SSO) offers convenience, it also presents a single point of failure. A breach in one system can potentially compromise all connected systems. At SapphireOne, we prioritise security over convenience, which is why we have opted for 2FA. This approach ensures that even if one layer of security is compromised, an additional layer remains to protect your SapphireOne data.
How 2FA Works in SapphireOne
Our 2FA implementation allows users to access their accounts using an authenticator app or email for a one-time password (OTP). Once an administrator has provided access, users can verify their device using a QR code for authenticator support. This multi-layered security measure significantly reduces the risk of unauthorised access.
Commitment to ISO Compliance and Best Practice Security Standards
SapphireOne adheres to International Accounting Standards and is ISO 27001 certified, reflecting our dedication to maintaining the highest security standards. Our commitment to best practices ensures that your data is protected by robust security protocols, giving you peace of mind.
Addressing Recent Security Breaches in Australia
Australia has witnessed several major security breaches in recent years, affecting both public and private sectors. These incidents highlight the critical need for enhanced security measures. By implementing 2FA, SapphireOne aims to mitigate the risks associated with such breaches, ensuring that your organisation’s data remains secure.
Notable Data Breaches in Australia
Optus Data Breach (2022) – In one of the most significant breaches in Australian history, Optus, a major telecommunications provider, suffered a cyberattack that exposed the personal information of nearly 10 million customers. The breach included names, addresses, dates of birth, and in some cases, passport and driver’s licence numbers.
Medibank Data Breach (2022) – Medibank, one of Australia’s largest health insurers, experienced a cyberattack that compromised the personal data of 9.7 million current and former clients. The breach included sensitive health information, leading to significant concerns about privacy and data security.
Australian National University (ANU) Data Breach (2018) – The Australian National University faced a sophisticated cyberattack that resulted in the theft of 19 years worth of personal data, including student and staff records. The breach highlighted vulnerabilities in academic institutions and the need for robust security measures.
Service NSW Data Breach (2020) – Service NSW, a government agency, experienced a phishing attack that led to the compromise of 738GB of data, affecting 186,000 clients. The breach included personal information such as driver’s licence numbers, addresses, and contact details.
Latitude Financial Data Breach (2023) – Latitude Financial, a prominent financial services provider in Australia, experienced a significant data breach in 2023. The breach exposed the personal information of approximately 14 million clients, including names, addresses, dates of birth, and financial details such as credit card numbers and transaction histories.
Patties Foods Data Breach (2023) – Patties Foods, a well-known Australian food manufacturer, faced a data breach in 2023 that compromised the personal information of its employees and clients. The breach involved unauthorised access to the company’s internal systems, resulting in the exposure of names, contact details, and payroll information.
LandMark White Data Breach (2019) – LandMark White, a property valuation firm, suffered a data breach that exposed the personal information of over 100,000 individuals. The breach included property valuation details, names, and contact information, leading to significant reputational damage.
SapphireOne’s Proactive Measures
In response to these alarming incidents, SapphireOne has taken proactive measures to enhance our security framework. Our 2FA implementation is a testament to our commitment to safeguarding your data. By requiring an additional layer of authentication, we significantly reduce the risk of unauthorised access and potential data breaches.
We invite you to explore the benefits of SapphireOne’s 2FA feature. Enhance your organisations security and protect your valuable data by implementing 2FA today.
