What are the statutory or regulatory controls on storage of strata scheme records?

NSW
Rules & Bylaws
question
Lookupstrata community member

Our strata management company is introducing compulsory two-factor authentication (2FA) to access the online portal. Is compulsory two-factor authentication justified?

Our strata management company is introducing compulsory two-factor authentication (2FA) to view documents in their online portal.

I will no longer be able to give my login and password to my family or helpers. It also means I have to share my private mobile number with my strata company, which is required for 2FA.

Given the scheme's information is not private, is compulsory two-factor authentication justified? 2FA is usually used to stop financial crime and protect secrecy and privacy.

answer
Leanne Habib headshot
Leanne Habib Premium Strata

This authentication has likely been introduced as a security measure to protect the privacy of all owners.

This authentication has likely been introduced as a security measure to protect the privacy of all owners and to thwart unauthorised use of the owners corporation's/owners' private details. While the information recorded on a strata roll is accessible, it is not public, i.e. only persons authorised by owners may access such information. Having this two-factored authentication (especially with a text message or email to a secondary device) is not unusual in any industry.

Leanne Habib Premium Strata E: info@premiumstrata.com.au P: 02 9281 6440

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