Lloyd’s tightens login security
Lloyd’s has moved to make access to its applications more secure by updating Market’s password policy and enabling multi-factor authentication (MFA).
Lloyds said in the announcement: [and] All Lloyd’s applications hosted by LIMOSS Single Sign On. In addition to this, update the password policy for all applications. ”
MFA is already enabled in Secure Share, but this measure will apply to market applications starting November 30th. On December 1st, additional identity verification will be required for Market Data Collection and SharePoint Online services.
As for passwords, Lloyd’s application users will be asked to change them on January 18, 2023. The new password length will be at least 15 characters from the current 12 characters.
“Share this with your colleagues in preparation for using MFA or updating their passwords,” Lloyd’s said. “If you want to use MFA to access his Lloyd’s application, you’ll need the Microsoft Authenticator application.”
Last month, Lloyd’s had to conduct a cybersecurity investigation after detecting unusual activity on its network. No evidence of compromise was found at the time.
Lloyd’s tightens login security
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