Please see the below message from Tatton Investment Management, detailing their new Multifactor Authentication system. Received late this morning – 18/07/2022
We are continually striving to improve the security measures on the Tatton Portal to protect you and ourselves. We recognise that Multifactor Authentication (MFA) is an important tool to help prevent malicious actors from gaining unauthorised access to your account.
We are currently in the process of integrating MFA into the Portal, so while there is nothing for you to do now, there are some important changes that will be implemented in the coming weeks.
What is Multifactor Authentication?
When you sign in to your online accounts – a process we call “authentication” – you’re proving to the service that you are who you say you are. Traditionally that’s been done with a username and a password. Unfortunately, that’s not a very good way to do it. Usernames are often easy to discover; sometimes they’re just your email address. Since passwords can be hard to remember, people tend to pick simple ones or use the same password at many different sites.
That’s why almost all online services – banks, social media, shopping – have added a way for your accounts to be more secure. You may hear it called “Two-Step Verification” or “Multifactor Authentication” but the good ones all operate off the same principle. When you sign into the account for the first time on a new device or app (like a web browser) you need more than just the username and password. You need a second thing – what we call “a second factor” – to prove who you are.
How will this work with the portal?
You will continue to log in to the Portal as usual, using your username and password. There will be certain circumstances where you will need to provide “a second factor”. We will provide further detailed information on how this works in the coming weeks.
What do you need to do?
For now, there is nothing you need to do. MFA will go live in August 2022, if you choose not to setup MFA for your Tatton Portal account then you will be unable to access the Portal from that point onwards.
MFA is crucial to the security and protection of you and Tatton so please keep an eye out for further communications, including the detailed instructions on how to get started with MFA.
Please continue to check our blog content for advice and planning issues from ourselves and leading investment houses.
18th July 2022
Alex Kitteringham