The Bank of India website was compromised by 30 pieces of malware two weeks ago. By this time next year, all U.S. financial institutions will be required to have implemented an Identity Theft Prevention Program. The new ID Theft Red Flag regulations announced last week are intended to make life tougher for criminals, but they are also expected to complicate compliance efforts, according to financial industry experts. The FDIC issues an updated version of its Information Technology (IT) examination procedures for FDIC-supervised financial institutions.”]
Source: https://www.bankinfosecurity.com/10-most-read-stories-2007-a-661