A subgroup of the Federal Financial Institutions Examinations Council is looking at amending its 2005 strong authentication guidance. There are no solid indications of when the new guidance might be issued or what it will include. Industry experts offer their assessments of what’s right and wrong with the current guidance. The 2005 FFIEC guidance was basically obsolete by the time it was widely implemented, an analyst says. The idea of “one-size-fits-all” doesn’t work well in the financial services industry, an attorney says.”]
Source: https://www.cuinfosecurity.com/new-authentication-guidance-coming-a-2739