Federal Financial Institutions Examination Council issues new rules for online security for financial institutions. Financial institutions must use minimal types of “layered security” and fraud monitoring to better protect against cybercrime. FFIEC guidelines also tell financial institutions they must use “two elements at a minimum” as “process designed to detect anomalies and effectively respond to suspicious and anomalous activity” The new guidance is more specific because cybercrime against the banking industry and its customers is worse now, the agency says. The new rules focus on protecting high-dollar transactions that have been targeted by cybercrime groups.”]