Podcast: What is FFIEC compliance?
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Podcast: What is FFIEC compliance?


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In this WhatIs.com podcast, you'll learn about this attempt to modernize existing banking practices in the context of new online threats like phishing. To learn more about FFIEC compliance, Assistant Site Editor Alex Howard interviewed Patrick Audley, the CTO of risk adaptive software provider Cogneto.

In this podcast, you will learn the answers to the following questions:

  • How does implementation of FFIEC recommendations change the ways that customers use a bank?
  • What’s the difference between single factor and multiple factor authentication? What is a factor in authentication?
  • Under FFIEC guidance, is a fingerprint or iris scanner or voice recognition system sufficient authentication?
  • How is dynamic reporting being used to decrease the incidence of fraud What is realtime risk analysis?
  • Are there any penalties for non-compliance?
  • Where are the majority of funds stolen in phishing attacks?

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Learn more about FFIEC compliance guidelines
Download presentations from Financial Information Security Decisions 2009: Download a number of the compelling presentations from the 2009 Financial Information Security Decisions conference.
Multifactor authentication options to secure online banking: Banks are under pressure to deploy multifactor authentication to secure online banking and meet FFIEC requirements. Learn the pros and cons of various authentication systems
FTC Red Flags Rules: How to create an identity theft prevention plan: Under FTC's Red Flags Rules, all financial institutions and creditors with covered accounts are required to create an identity theft prevention plan.
Vendor audit and monitoring contractual rights: Third-party contracts must include vendor auditing and vendor monitoring rights.
Vendor contract management: Regulatory guidance is risk-based: Financial-services firms are subject to many requirements for managing vendor information security risks by contract. Learn how regulatory guidance is risk-based.

LAST UPDATED: 17 Jan 2008

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