Summary: |
The FDIC, with the other FFIEC
agencies, has issued the attached 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.
Statement of Applicability to Institutions with Total Assets under $1 Billion: This Financial Institution Letter applies to all FDIC-supervised institutions offering online banking services. |
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