Sony has finally added two-factor authentication to secure its 100+ million users’ Sony PlayStation Network accounts—a long awaited move that PSN users have been yearning for, especially since the 2011 hack that shut down the gaming service for a whole month and put at risk users’ credit card details email addresses and other sensitive information.
With PSN games commonly carrying a price tag of $25, $75 and more, a compromised PSN password can quickly run up a heavy bill of fraudulent charges—with the avid gamer left to pay the costs, or alternatively, pay the costs and then do hours of online legwork to dispute and resolve the fraudulent charges.
So what’s taken Sony so long to add 2FA to its PSN accounts? As a pioneer in technology, one would have expected the consumer-technology- entertainment-and-services giant to add 2FA much sooner following such a major breach as the one it endured five years back. It may be a matter of corporate politics or siloed business operations, as suggested by one report. But at the end of the day, companies who are infosec laggards may very well end up as market laggards, as well.
On TwoFactorAuth.org, you can find out if your online service providers offer 2FA—be it for gaming, banking or food. And if they’re heads are buried in the sand, tweet out a request for them to add two-factor.
To quote the latest Verizon Data Breach Investigations Report, “We know that a standard username and password combo may very well be enough to protect your fantasy football league. We also know that implementation of stronger authentication mechanisms is a bar raise, not a panacea. Even with all of that, 63% of confirmed data breaches involved leveraging weak/default/stolen passwords. This statistic drives our recommendation that this is a bar worth raising.”
Let’s face it – it’s the 21st century. If you’re not using 2FA, you’re not locking your front door. And while locking the front door doesn’t keep everyone out, it’s still one of the most effective personal security measures around.
For more information on 2FA, check out:
- The Real Cost of Strong Authentication – Infographic
- Business Drivers for Next Generation Two-Factor Authentication eBook