Federal Financial Institutions Examination Council issued updated online authentication guidance. Financial institutions must continually review their risk-management processes, says Pentagon FCU’s Ian Harper. Harper: “The fraud and criminal enterprise on the Internet is one of the seminal societal problems that this generation and future generations must tackle” Harper is the vice president of technical services and acting chief information officer at Pentagon Federal Credit Union, where he manages the Technical Services group and provides infrastructure support and security for all aspects of PenFed’s systems. Harper says credit unions should view compliance with FFIEC guidelines as a way to enhance online security for consumer and business accounts.”]
Source: https://www.cuinfosecurity.com/customers-role-in-fraud-fight-a-3993