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Banks Face Web Security Deadline

Tags » Authentication, Bank Technology, Banking Industry, Financial Regulators, Online Banking

Jaikumar Vijayan reports for Computerworld that "a majority of U.S. banks appear unprepared to meet the Dec. 31 deadline for complying with the guidelines, several analysts said last week. They placed much of the blame for the current lack of preparedness on the fact that the guide-lines aren't mandatory and don't specify what form of strong authentication banks should implement."


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