TITLE

FFIEC to Revisit Online Protection

AUTHOR(S)
Sausner, Rebecca
PUB. DATE
March 2011
SOURCE
Bank Technology News;Mar2011, Vol. 24 Issue 3, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the plan of the Federal Financial Institutions Examination Council (FFIEC) to protect online banking transactions through updating the 1995 Authentication in an Internet Banking Environment, which aims to require banks to perform annual risk assessments and inform their customers about risks and coverages in case of losses.
ACCESSION #
59436119

 

Related Articles

  • A Multitude of Choices For Two-Factor Security. Costanzo, Chris // American Banker;3/7/2006, Vol. 171 Issue 44, Special section p10 

    The article discusses online banking security. The Federal Financial Institutions Examination Council has given banks a lot of leeway to meet guidelines for security. Some strategies used by banks to prevent online identity theft are requirements for more complex passwords, but have avoided...

  • on september 1 there will be 122 days left in 2006: do you know where your online banking multifactor authentication project is? Kenneally, Steve // Community Banker;Aug2006, Vol. 15 Issue 8, p52 

    The article discusses the requirements for online banking multifactor authentication stated under the guidance published by the U.S. Federal Financial Institution Examination Council in 2006. The guidance aims to increase security for customers using online bank services. Banks are required to...

  • Key to Safety: Alerts Aid Authentication.  // Bank Technology News;Nov2006, Vol. 19 Issue 11, p1 

    The article presents information on the decision of Cleveland-based KeyBank to begin direct communication with its online customers to check theft in Internet banking. The company sends an e-mail alert to its customer when his account funds transfer or when a new payee is added to a bill pay...

  • 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...

  • 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...

  • Proposal due soon on reserving for risks retained in asset sales. de Senerpont Domis, Olaf // American Banker;6/5/1996, Vol. 161 Issue 107, p3 

    Reports on the Federal Financial Institutions Examination Council's impending release of a proposal that would lay out how much capital a bank needs when it sells an asset but retains some risk of loss. Benefits and drawbacks of the proposal for banks; Current regulations concerning multilevel...

  • Scrapped: Uniform 150-day rule for writing off past-due loans. Seiberg, Jaret // American Banker;2/11/1999, Vol. 164 Issue 28, p3 

    Focuses on United States Federal Financial Institutions Examination Council's scrapping of plans to require banks to write off all loans that are more than 150 days past due. Disadvantages of adopting a uniform chargeoff period; Implementation of changes involving bankruptcy, death of the...

  • Goodbye to `directors' exams'? Cocheo, Steve // ABA Banking Journal;Apr98, Vol. 90 Issue 4, p7 

    Discusses the US Federal Financial Institutions Examination Council's proposal that would do away with the option of obtaining directors' exams. Encouragement for exempt banks to obtain full audits; American Heritage Bank President and Chief Executive Officer Joe Williams' comments on the...

  • New rule marks major shift in investment policy. Colvin, Robert // ABA Banking Journal;Jul98, Vol. 90 Issue 7, p48 

    Describes the potential impact of the US Federal Financial Institutions Examination Council's Supervisory Policy Statement on Investment Securities and End-User Derivatives Activities policy on banks. Guidance provided by the policy on sound practices for managing the risks of investment...

  • Feds adopt common blueprint for `risk-based' fair-lending exams. Cocheo, Steve // ABA Banking Journal;Feb99, Vol. 91 Issue 2, p7 

    Reports on the fair lending examination procedures issued by the United States Federal Financial Institutions Examination Council. View of banking consultant Jo Ann S. Barefoot; Intention of the proposals; Purpose of the procedures.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

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

Try another library?
Sign out of this library

Other Topics