The majority of banks in the United States are in a great pressure to improve data security and customer accounts. Regulators urge banks to increase supervision after Citigroup Inc. on Wednesday (08/06/2011) local time, confirmed as many as 200,000 customers’ accounts in North America breached by hacker.
As a regulator, the Federal Deposit Insurance Corp (FDIC)) said that they were preparing new measures for data security in a more stringent banking. FDIC Chairman Sheila Bair, on Thursday (09/06/2011) local time, ordered some banks to strengthen authentication of transactions when customers access accounts online. Read it all..
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