The Federal Financial Institutions Examination Council (FFIEC) is an interagency body empowered to prescribe uniform principles, standards, and report forms for the federal examination of financial institutions. In 2001, the FFIEC issued a guidance entitled Authentication in an Electronic Banking Environment, which was subsequently updated in 2005 as Authentication in an Internet Banking Environment. The guidance took a strong stance in support of the deployment of stronger authentication methods, as well as fraud detection techniques, to protect customer identities and information during online banking transactions.
Deepnet QuickID soft tokens provide strong two-factor authentication solution to verify users' identity by One-Time Password (OTP) sent to the users' mobile phones via SMS messages.
Deepnet QuickID low up-front and management cost ensure wide-scale deployment of strong authentication to projects managed by financial institutions. Deploying Deepnet QuickID increases consumer trust, giving them confidence that sensitive data is strongly protected and absolutely secure.
"The response from our customer has been very positive, already the majority of our customers have chose to adopt the new technology."
Read the Deepnet Imprima case study
Fight Fraud, Meet GLBA and FFIEC Regulations
Trustwave Managed Security - Overcome the challenges of protecting customer information and managing network security with leading, patented technology and TrustKeeper, our award-winning online portal.
Read the Branch Compliance Program Datasheet
- Ensure the security and confidentiality of customer records and information.
- Protect against threats to the security or integrity of such records.
- Protect against unauthorized access.