This draft version of a supplement to the 2005 online authentication guidance issued by the FFIEC aims to reinforce the need for a risk management framework and update the FFIEC agencies' expectations in 2010, as they relate to customer authentication, layered security and/or other controls in the increasingly hostile...
The following GAO report highlights GAO-07-737, a report to congressional requesters.In recent years, many entities in the private, public, and government sectors have reported the loss or theft of sensitive personal information.
Federal agencies have recently reported a spate of security incidents that put sensitive data at risk. Personally identifiable information about millions of Americans has been lost, stolen, or improperly disclosed, thereby exposing those individuals to loss of privacy, identity theft, and financial crimes.
How a financial institution can create an effective incident response program to mitigate a data security breach is reported in the FDIC's winter 2006 edition of Supervisory Insights, released today. Other topics covered in today's edition are: an update on CRE lending nationwide, with a look at best practices in CRE...
Unauthorized access to sensitive customer information threatens to undermine customer confidence and the reputations of both individual financial institutions and the financial services industry. This threat is aggravated by the patchwork of state laws and federal regulations that govern unauthorized access or breach...
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