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Wednesday
Jul202011

What's New: FFIEC Supplement to Authentication in an Internet Banking Environment

DateWednesday, July 20, 2011 at 9:34AM by AuthorBanking Spectrum
The FDIC, with the other FFIEC agencies, has issued the new guidance, which describes updated supervisory expectations regarding customer authentication, layered security, and other controls in an increasingly hostile online environment. Financial institutions will be expected to comply with the guidance no later than January 1, 2012.

The Gold Book chapter addressing Authentication for Internet Banking has been updated accordingly.
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