American Bankers Association: FFIEC Authentication Guidance: Risk Assessmentsments: January conformance deadline fast approaching. Regulators will most likely give banks and credit unions some leeway, but institutions have to prove they have plans in place to quickly meet guidance compliance mandates. American Banker Association vice president and senior advisor risk management policy: “Every institution has to be extremely hands-on” Johnson: “Customer information will be better protected; financial institutions will suffer fewer losses; and the financial institution regulators will be happier””]
Source: https://www.bankinfosecurity.com/ffiec-authentication-guidance-risk-assessments-a-3937