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Ensuring Online Banking Security

Phishing attacks aimed directly at banks and banking accounts are becoming more standard as well. Federal banking regulators say banks and credit unions need to ensure they layer security measures. The need for enhanced user authentication served as the catalyst for updated online authentication guidance from the Federal Financial Institutions Examination Council. Fortunately, most phishing schemes are relatively easy to thwart, if practical precautions are taken, says John Buzzard of FICO’s Card Alert Service. The Federal Bureau of Investigation and the U.S. Attorney for the District of Connecticut indicted 14 Romanians for their involvement in an identity-theft scheme.”]

Source: https://www.cuinfosecurity.com/ensuring-online-banking-security-a-4404

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