Sisk, Michael
January 2008
Bank Technology News;Jan2008, Vol. 21 Issue 1, p22
Trade Publication
The article analyzes the guidelines for Identity Theft Prevention issued by the U.S. Federal Trade Commission (FTC). The author contends that the Federal Financial Institutions Examination Council (FFIEC) requirements look like child's play because the credit market turmoil is distracting everyone. He notes that it adds to the controversy of the compliance of the 31 red flags that the FTC suggested to be part of the program.


Related Articles

  • Multifactor Authentication: A Blow to Identity Theft? Beaumier, Carol M. // Bank Accounting & Finance (08943958);Feb2006, Vol. 19 Issue 2, p33 

    The article explains the regulatory requirements under the guidance "Authentication in an Internet Banking Environment" issued by the U.S. Federal Financial Institutions Examination Council and ways to prevent identity theft in online banking. Customer awareness is integral to prevent fraud and...

  • What Are You Doing About Network Incident Threat Responses? Laurio, Paul; Licavoli, Jim // Michigan Banker;Apr2015, Vol. 27 Issue 4, p14 

    The article offers information on the statements released by the government agency the Federal Financial Institutions Examination Council (FFIEC) on how financial institutions can mitigate and can identify cyber attacks that would compromise the credentials of users in the U.S. the topics...

  • New Internet-Security Standards for Financial Institutions. Smith, Neil J. // Business Journal (Central New York);1/27/2012, Vol. 26 Issue 4, p10 

    The article discusses aspects on the issuance of the new guidelines to New York's federal credit unions and banks by the Federal Financial Institutions Examination Council (FFIEC). He notes the guidance aim in providing a risk-management framework for financial institutions offering products and...

  • A Practical Guide to Anomaly Detection.  // ABA Banking Journal;Dec2011, Vol. 103 Issue 12, p39 

    The article offers guidelines for banks and credit unions to detect online banking anomalies. The U.S. Federal Financial Institutions Examination Council (FFIEC) issued the June 2011 Supplement to its 2005 Authentication in an Internet Banking Environment guidance to address cyber attacks. It is...

  • Exam Guidelines Issued On Preparedness. Davenport, Todd // American Banker;6/3/2003, Vol. 168 Issue 105, p4 

    U.S. Federal banking regulators have completed examination guidelines on business-continuity planning and the supervision of technology service providers. Examiners will use these guidelines to evaluate whether banks and thrifts have taken adequate steps to make services available in the wake of...

  • New Card Account Guidelines Carry Hefty Tab. Garver, Rob // American Banker;8/15/2002, Vol. 167 Issue 156, p3 

    Focuses on guidelines proposed by the U.S. Federal Financial Institutions Examinations Council (FFIC) to assist credit card banks for managing their accounts. Terms of the guidelines; Impact of proposed guidelines on the credit card issuers; Urge for comments on FFIC's proposal before September...

  • Scoring Banks Compliance With FFIEC Guidelines. Sraeel, Holly // Bank Technology News;Dec2007, Vol. 20 Issue 12, p8 

    The author discusses bank compliance with the Federal Financial Institutions Examination Council (FFIEC) guidance. The guidance addresses authentication for online banking, an issue the author believes is of great importance due to the rise of online banking. She reports that ninety-five...

  • NEWS MAKERS.  // Bank Technology News;Mar2007, Vol. 20 Issue 3, p8 

    The article offers news briefs in the U.S. Online brokers have created a great impact on the American Customer Satisfaction Index of the University of Michigan in Ann Arbor for the fourth quarter of 2006. The Federal Trade Commission's annual consumer fraud and complaint data shows 36% of fraud...

  • Are You on Top of Cybersecurity?  // Internal Auditor Alert (1553-8222);Aug2011, Vol. 8 Issue 8, p1 

    The article discusses importance of maintaining effective methods of authenticating customer identity for financial institutions due to the malicious nature of cyberattacks. The principles contained in the 2005 guidance on authentication in the internet banking environment issued by Federal...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics