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What has the FFIEC stated?

FFIEC
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What has the FFIEC stated?

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The FFIEC said authentication of a customer via simple Password and ID alone is “inadequate for high-risk transactions involving access to customer information or the movement of funds…” Over the past year, TDECU has added layers of security to our Internet banking system, TDECU All-the-Time ™ . Past security features have included the addition of processes such as VeriSign ® , Cyveillance ® and alpha numeric Passwords. To protect the privacy and the security of TDECU All-the-Time user’s personal information, TDECU will be introducing a new security feature in the second quarter of 2007. The new security feature is named TDECU Secure4U ™ . The new security measures will be easy and fast to use… using an “image and phrase” which will allow you to visually verify that they are at the real TDECU All-the-Time Website. When you visit a branch, we can identify you (with I.D.) and you can identify us. With the introduction of TDECU Secure4U, you will be able to identify TDECU All-the-Time ove

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