CU Times and ERM Security released an NCUA IT Audit Survival Guide in September that addresses FFIEC
and other regulatory requirements for credit unions.
ComplianceRisk3D pulls together all of the FFIEC
cited guidance, and other relevant materials, reducing the burden on Leadership and facilitating a process to identify defensible institutional results.
Currently, a number of companies are indeed developing hybrid products--some of which were in development prior to the FFIEC
announcement and now are likely to be specifically tailored to address the concerns of both the federal agencies and clients.
In requiring the use of two-factor authentication, the new FFIEC
guidelines are taking square aim at the preponderance of phishing scams, online fraud, hacking and identify theft that prey on the trust or naivete of customers and exist on the periphery of legitimate online banking initiatives.
statement also said institutions that are victims of cyber attacks involving extortion are encouraged to inform law enforcement authorities and notify their primary regulator(s).
While its security meets FFIEC
guidance requirements, Green Armor also delivers unparalleled ease of use.
After announcing the development, the company said that member agencies of the FFIEC
have directed examiners to formally assess financial institutions under the authentication supplement, from January 2012.
guidance, Authentication in an Internet Banking Environment, was published in an effort to reduce online banking fraud.
BOSTON -- Trusteer, the leading provider of cybercrime prevention solutions, today announced that the Treasury Department Federal Credit Union (TDFCU) has selected Trusteer Rapport to meet the new FFIEC
security guidelines for online banking security and protect its members from malware aimed at stealing funds and personal information.
has released mortgage lending transaction data pertaining to 7,062 financial institutions covered by the Home Mortgage Disclosure Act, the council announced Tuesday.
10, 2012 /PRNewswire/ --Guardian Analytics, the market leader in behavioral analytics-based fraud prevention solutions, announced today the release of its Anomaly Detection Toolkit to help financial institutions successfully address the minimum expectations for layered security outlined in the FFIEC
Supplement to the Authentication in an Internet Banking Environment.
com)-- Information Security Media Group, publisher of BankInfoSecurity, announces the launch of its first Resource Center: FFIEC
Authentication Guidance, a microsite dedicated to providing in-depth news and views on the issues surrounding the pending online authentication guidance from the Federal Financial Institutions Examination Council.