FFIEC Clarifies Social Media Risks; Final Guidance Addresses Payments, Third-Party Management. The Federal Financial Institutions Examination Council issued the final version of guidance on social media policies and practices this week. The guidance is focused on consumer risks, not risks to bank employees, an analyst says. Financial institutions’ response protocol regarding social media usage, such as incident response protocol, should include social media, he says. The final version includes insights on how social media could affect emerging payment options.”]
Source: https://www.bankinfosecurity.com/ffiec-clarifies-social-media-risks-a-6289