#Japan #Moomoo #Shibuya #investment app #risk-based authentication

Enhancing Security: moomoo Securities Implements Risk-Based Authentication

In a move aimed at bolstering the security of its trading platform, moomoo Securities has announced the introduction of a new risk-based authentication system. This initiative is designed to provide clients with a more secure and reassuring trading environment, ensuring that their investment experiences are safe from unauthorized access and fraudulent transactions.

Understanding Risk-Based Authentication

Risk-based authentication works by analyzing user behavior after logging in to determine if there is any suspicious activity. If the system detects a potential threat, it will prompt users for an additional layer of verification before allowing them to proceed with transactions. For instance, users might be asked to provide a one-time SMS code in addition to their regular trading password when engaging in activities deemed risky. This added step helps to mitigate the risk of unauthorized transactions and enhances overall security.

Key Features of the Implementation

• - No New Settings Required: Customers do not need to adjust their settings to benefit from this new security measure.
• - Up-to-Date Contact Information: It’s essential for clients to ensure that the phone number linked to their moomoo account is current, as SMS codes will be sent to this number.
• - Occasional Prompts for Additional Verification: Clients may still see additional verification requests during routine trading, reflecting the system's proactive approach to security.

moomoo Securities is committed to continually improving customer service and security measures to foster user trust and safeguard investments. The company believes that investing should not only be rewarding but also secure.

About moomoo Securities

Founded in 2018 in Silicon Valley, the investment app moomoo has grown into a global service that empowers investors to achieve their financial goals with innovative and user-friendly tools. The platform hosts a community space where over 27 million individual investors worldwide can exchange information and learn from one another.

In key markets like Singapore and Hong Kong, moomoo boasts a significant share of the online brokerage sector. After launching its services in Japan in October 2022, the app has seen impressive growth, with projections indicating 1.5 million downloads by the end of 2024. Leveraging its technical expertise gained from international operations, moomoo aims to develop unique tools catered to the needs of Japanese investors.

For more details about moomoo Securities and their commitment to safe trading, visit their official website or download the app from: Download moomoo App

Company Overview

• - Company Name: moomoo Securities Inc.
• - CEO: Francisco Izawa
• - Location: 1-2-5 Shibuya, Shibuya-ku, Tokyo, Japan, MFPR Shibuya Building, 11F & 14F
• - Contact: 03-6845-3636
• - Email: [email protected]
• - Financial Instruments Business Operator License: Kanto Local Finance Bureau (Kinsho) No. 3335
• - Affiliations: Japan Securities Dealers Association, Japan Investment Advisers Association

Disclaimer

Investors are advised to refer to the company's website for details on subject stocks, fees, and risks involved in trading. The information provided in the app may not be suitable for all users, and its accuracy, completeness, or validity is not guaranteed. All trading products are subject to risks associated with price fluctuations and currency variations. Participants should ensure they understand the terms before engaging in trading activities.