Layered Security for Mobile Banking
American Banker published a great article last week covering some of JPMorgan’s security strategies for mobile banking. Lloyd O’Conner explained the importance of layering multiple security technologies to protect their clients — as well as their own company — from the growing cyberthreats that not only target the online channel but are zoning in on [Read More...]
Delight or Disappoint? FIs Balance Security and Customer-Experience Paradigm.
As mentioned in my last post, with organized crime groups clearly focused on the mobile channel, financial institutions will increasingly need to roll out strong security. But, they also need to be mindful of the impact that security has on the user experience. At a recent conference, I had the pleasure of attending a session [Read More...]
Diving into the FFIEC Guidance & What the Future will Undoubtedly Hold
Last week, the FFIEC issued a new supplement to the 2005 “Authentication in an Internet Banking Environment Guidance.” Congratulations to the FFIEC on a well needed update to say the least — especially considering the incredible advances made in the online criminal community over the past few years and the associated breaches and fraud attacks [Read More...]