FDIC tests online safety

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Speaking at the American Bankers Association (ABA) Information Security Forum in Chicago at the end of June, Kopchik said the FDIC would now focus on smaller, regional service providers as new Federal rules on authentication in internet banking take effect.

In October last year, the Federal banking agencies issued guidance on authentication in the internet banking environment, requiring banks to establish reliable processes for customer authentication, appropriate risk assessments, verification

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