What is FFIEC compliance?




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Summary: In this WhatIs.com podcast, you'll learn about an attempt to modernize existing banking practices in the context of new online threats like phishing. To learn more about FFIEC compliance, WhatIs.com 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? powered by ODEO Use the Flash player above or click on the MP3 link below to listen on your PC or download to your favorite portable media player. Download the MP3 | Help with Listening | Subscribe | Contact Us My Odeo Channel (odeo/dc4e834a0763957a)