the new secure sign-on process

Financial Planning - Financial planning in general. (Moderated) 

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Subject Author Date the new secure sign-on process Mark Bole 07-19-2007  Re: the new secure sign-on process Dave Dodson 07-20-2007
Posted by Mark Bole on July 19, 2007, 10:00 pm Is there some law I missed that mandates this new process where you have to select an image, select some bogus "question/answer" combinations, and "register" your computer for on-line banking access? (yes, I know there's an option to not register, and other minor details, but if you do any significant amount of on-line banking you know what I'm talking about). It's hard to believe that all banks in the last year have just spontaneously decided to utilize the exact same security process.... especially when they already had various security processes in place. Or to put it another way, can I still buy stock in the company that has patented this service before everyone else does? ;-) -Mark Bole Posted by Dave Dodson on July 20, 2007, 8:21 am > Is there some law I missed that mandates this new process where you have > to select an image, select some bogus "question/answer" combinations, > and "register" your computer for on-line banking access? I found a relevant announcement by the Federal Financial Institutions Examination Council: FFIEC Releases Guidance on Authentication in Internet Banking Environment http://www.ffiec.gov/press/pr101205.htm (Note: "Guidance" simply is a bureaucratic way of demanding something.) and Authentication in an Internet Banking Environment http://www.ffiec.gov/pdf/authentication_guidance.pdf I suspect that you can find more on the topic at www.ffiec.gov. Dave Similar Threads Posted withdrawal process from Roth IRA March 26, 2007, 11:03 am