RealNews

US Government Pushes Banks to Tighten Up Online Security

Next year’s holiday season will be different in at least one small way than it was in 2005: The U.S. government recently mandated that financial institutions enhance their online security systems by supplementing the traditional technique of passwords and user IDs with another form of user authentication. “The government initiative gives a clear and loud wake-up call to a procrastinating U.S. banking industry that has not moved beyond relying on single-factor reusable password authentication,” said Avivah Litan, an industry analyst with Gartner Group. Full Story

OODA Analyst

OODA Analyst

OODA is comprised of a unique team of international experts capable of providing advanced intelligence and analysis, strategy and planning support, risk and threat management, training, decision support, crisis response, and security services to global corporations and governments.