FFIEC Authentication Guidance: A New Standard For Online Banking Security

FFIEC Authentication Guidance: A New Standard For Online Banking Security The long overdue update to the FFIEC Guidance on Authentication in an Internet Banking Environment is now officially in effect, setting a new standard for online banking security. Since its previous update in 2005, the online banking threat landscape has changed dramatically, creating a significant gap between the FFIEC recommendations and those security measures that are actually effective in mitigating online banking fraud. As a result, financial institutions and their customers have been at risk and fraud rates have spiked.

This comprehensive whitepaper:

  • Provides an overview of the updated Guidance
  • Outlines the threat landscape which helped define it
  • Examines why the security measures specified in the 2005 Guidance are no longer effective
  • Explains how methods like out-of-band authentication with transaction verification are key to protecting online banking today




Around the Network

Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing inforisktoday.in, you agree to our use of cookies.