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Next-Generation Technologies & Secure Development

Preventing Malware: Tips to Staying FFIEC Compliant

Preventing Malware: Tips to Staying FFIEC Compliant
With the recent release of the new online authentication guidance, the Federal Financial Institutions Examination Council (FFIEC) directs banking institutions to provide a more air-tight defense against risks to their networks and customers.

The barrage of recent high-profile data breaches confirms what experts have been saying all along: Fraudsters are generating more sophisticated and persistent malware to steal your institution's confidential data for profit.

The new approach to customer data security entails a layered security strategy for the endpoints, addressing increasingly sophisticated attacks. Layered security consists of multiple protection solutions working together to achieve complete endpoint protection.

This webinar will explore how to:

  • Comply with pending FFIEC mandates;
  • Stay up-to-date with the latest malware and breach trends;
  • Secure employee workstations and other data points;
  • Accelerate IT efficiency and support.

See Also: Digital Evolution and Fraud Evolution: How to Keep Up with the Changing Times

Background

With the release of the new online authentication guidance, the Federal Financial Institutions Examination Council (FFIEC) is mandating that financial institutions provide customers with recommendations on alternative risk control strategies to mitigate their own risk.

Increasingly sophisticated malware attacks are on the rise targeting confidential customer information. Customers expect credit unions to protect their personal and financial information at all costs. The new approach to customer data security entails a layered security strategy for the endpoints. Layered security consists of multiple protection solutions working together to achieve complete endpoint protection. Financial institutions implementing a layered security solution can achieve a competitive advantage over the competition by providing their customers peace of mind.

Early adopters will build a reputation synonymous with security and foster stronger customer relationships that translate into higher customer retention. Join Certified Information Systems Security Professional Byron Hynes, and Carlos Santamaria, Product Manager for Faronics, as they share the latest research and trends in customer data breaches. They will explore examples of emerging threats, and divulge the best practices for ensuring complete security in your financial institution.

  • Latest data breaches and their implications;
  • Roundup of malware threats;
  • The evolution of malware in 2011;
  • Beyond transactional security: protecting your endpoints where data resides;
  • Tools and technologies to achieve layered security.

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