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  May 22, 2013
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FFIEC Compliance

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DEFINITION: Conformance to a set of standards for online banking issued in October 2005 by the Federal Financial Institutions Examination Council (FFIEC). The standards require multifactor authentication (MFA) because single-factor authentication (SFA) has proven inadequate against the tactics of increasingly sophisticated hackers, particularly on the Internet.
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Posted: 30 Apr 2013 | Premiered: 01 May 2013
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TOPICS:  Access Control | Change Management | Compliance (Finance) | Compliance (Systems Operations) | Compliance Best Practices | FFIEC Compliance | Governance, Risk, Compliance (GRC) | HIPAA Compliance | Payment Card Industry Data Security Standard Compliance | Regulations | Regulatory Compliance | Risk Management | Security | Security Audits | Security Management | Security Managers | Security Threats
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