FFIEC Recommends Multi-Factor Authentication for Digital Banking Services
By EsqSocial Corporation 24/09/21
The Federal Financial Institutions Examination Council (FFIEC) recently issued guidance for financial institutions providing digital banking services. The guidance, titled Authentication and Access to Financial Institution Services and Systems, aims to provide those providing digital banking services and financial institution systems with examples of effective risk management principles and practices for access and authentication. Its primary recommendation is the use of Multi-Factor...
By: Weiner Brodsky Kider PC