Banks face Web security deadline
For some bank IT managers, the release of U.S. federal guidelines for validating the identities of online users helped catalyze ongoing efforts to adopt so-called strong authentication measures.
But a majority of U.S. banks appear unprepared to meet the Dec. 31 deadline by which they're supposed to comply with the guidelines, several analysts said this week. They placed much of the blame for the current lack of preparedness on the fact that the guidelines aren't mandatory and leave it up to banks to decide what form of strong authentication they should implement.
[ Read more ]
By subscribing to our early morning news update, you will receive a daily digest of the latest security news published on Help Net Security.
With over 500 issues so far, reading our newsletter every Monday morning will keep you up-to-date with security risks out there.