Resources for Federal Financial Institutions Examination Council (FFIEC)

Securing Your Online ID: Beyond Username and Password

E-Commercetimes

The Federal Financial Institutions Examinations Council (FFIEC) has begun enforcing a risk analysis and audit of banking organizations to determine the need for "stronger" authentication for online account access. The enforcement began last year and financial institutions are still trying to evaluate what it all means.Our analysis is that these institutions should meet and exceed the FFIEC expectations by deploying a multifactor, online authentication solution. Moreover, they should employ a system that allows them to share information about devices and accounts that have a record of negative behavior. We think of this as "reputation."

View the Resource

Share or bookmarklet this web page at: