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FFIEC Cancels E-Banking Handbook
On May 13, 2022, the FFIEC very quietly rescinded the FFIEC Information Technology Examination Handbook (IT Handbook) booklet entitled E-Banking. The original booklet was released in 2003 and was accompanied by a flurry of activity by financial institutions to come up with a separate E-banking policy and risk assessment. In effect, the FFIEC is now…
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New FFIEC Guidance for Access and Authentication
In response to an expanded cybersecurity threat landscape, the FFIEC just issued an update to agency expectations for access and authentication to financial institution products and systems. This update replaces both the 2005 and the 2011 authentication guidance, and has been extended beyond digital banking (ebanking) customers to include everyone and everything that might have…
