banking security: Consumer Banking Security Products & Services - 04/29/12 07:48 PM
Today’s banks aren’t your “Dads’” bank. Having been around for hundreds of years, banks are a significant part of our everyday lives. Traditionally, banks haven’t been known for their “thought leadership” in technology, but today’s banks have to be cutting edge to compete, and stay secure.
All the conveniences of digital banking have its set of risks which requires upgrades in card technologies and authentication. In response banks have provided numerous methods for protecting your personal information and also making your banking experience more secure domestically and internationally.
Multifactor authentication: This is generally something the user knows like a password plus … (0 comments)

banking security: Banking Security Guidelines Go Into Effect in January 2012 - 01/04/12 05:00 AM
As banking applications evolve, common attacks on banks are becoming correspondingly more sophisticated. Small businesses, municipalities, and moneyed individuals are often targeted for obvious reasons: they have hundreds of thousands of dollars, if not a few million, in the bank, but their security is often no more effective than that of an average American household.
The Federal Financial Institutions Examination Council’s (FFIEC) updated security guidelines go into effect in less than a month. It is imperative that financial institutions recognize that the security precautions currently in place are ineffective in the face of new, more sophisticated attacks. Criminals have gotten around … (0 comments)

 

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