« Blog Sighting: Toronto Electrical Utilities Credit Union | Main | Mortgagebot Offers Custom Mortgage Rates Widget »

FFIEC Multi-Factor Scorecard: 30 Banks and Credit Unions Disclose Security Solutions

By Jim Bruene on October 26, 2006 10:28 AM

There seems to be a new announcement every day about a bank or credit union intent on stalling this or that security solution to comply with the FFIEC's year-end guidelines (see previous coverage here).

However, if you drill-down through the press releases, usually initiated by vendors, details are sketchy. In fact, according to the Glenbrook Partners in-house security wizard, Linda Elliot, only 26 U.S. financial institutions have disclosed specific security solutions from a total of 13 vendors. Her most recent scorecard, as published in the consulting company's Payments News, is here.

We added another three credit unions to bring the total to 29:

Banks (22)

  • American Bank (RSA)
  • AMSouth Bank (vendor not disclosed)
  • Associated Bancorp (Corillian)
  • Bank of America (RSA/Passmark) our post
  • Barclay’s (RSA)
  • Citibank (Consumer: Entrust; Business: VASCO DigiPass)
  • E*Trade (RSA SecurID)
  • Farmer's and Merchant's Bank of Long Beach (RSA/Passmark)
  • Frost Bank (RSA/Passmark)
  • ING Direct (RSA)
  • M&T Bank (Corillian, Cydelity)
  • Nevada State Bank (RSA/Passmark)
  • North Fork Bank / All Points Capital (Arcot)
  • Northern Trust (Verisign)
  • Silicon Valley Bank (Bharosa)
  • Stonebridge Bank (RSA)
  • The Bankers Bank (Digital Persona)
  • United Bankers' Bank (Digital Persona)
  • U.S. Bank (Entrust)
  • Washington Mutual (RSA)
  • Wells Fargo (Bharosa, Quova, Actimize, RSA SecureID,
    Symantec)
  • Zions Bank (RSA/Passmark) our post

Credit Unions (7)

  • Automotive Federal Credit Union (BioPassword)
  • North Island Credit Union (RSA/Passmark) our post
  • Schools Financial Credit Union (RSA/Passmark)
  • our post

  • Desert Schools FCU (Bharosa)
  • FORUM Credit Union (BioPassword)
  • Parda Federal Credit Union (BioPassword)
  • Stanford Federal Credit Union (RSA/Passmark) our post
Comments (0)
AddThis Social Bookmark Button
Categories: Security & Privacy

Most Recent Posts:

TrackBack

TrackBack URL for this entry:
http://www.netbanker.com/cgi-bin/mt/mt-t.cgi/132

Post a comment

(If you haven't left a comment here before, please note that we will read your comment before it is approved to go up on the blog. However, we'd prefer that you and our other readers didn't have to wait. If you'd like your comments to appear instantly in the future, you can create a TypeKey account and we'll set you up as a trusted commenter!)


Please enter the security code you see here

Sponsors

Finovate 2008 - Come see the future of finance & banking!


Sponsored Links

Events

Research

  • NEW! Online Investing Communities: Will social networking revolutionize saving & investing?- Find out more
  • NEW! Searching for Customers 3.0: Search engine marketing for financial institutions- Find out more
  • Person-to-Person Lending 2.0: Disruptive service or market niche? - Find out more
  • Mobile Money and Payments: Why credit & debit card issuers should embrace mobile delivery now - Find out more

Products & Services

  • Compare CD (certificate of deposit) interest rates and read customer reviews at Bankaholic