Regulators Are a Punch Short on Web Security

Sausner, Rebecca
October 2009
Bank Technology News;Oct2009, Vol. 22 Issue 10, p8
Trade Publication
The author focuses on the need for the Federal Financial Institutions Examining Council (FFIEC) to oblige banks on security assurance of online accounts in the U.S. She notes the negligence of individual business owners reflected in various court cases such as that which involved a bank's use of usernames and passwords to protect its online home equity line of credit (HELOC) accounts. The need for the FFIEC to update its guidance on authentication is mentioned.


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