The recent European Central Bank’s (ECB) Recommendations for the Security of Internet Payments and European Banking Authority (EBA) regulations have mandated numerous requirements for European banks to enhance online fraud prevention practices. Most European banks are required to include additional capabilities in risk analysis, malware protection, and strong authentication to meet the security requirements.
Assaf Regev, Product Marketing Manager, IBM Security Trusteer, will expand on how the new regulations will impact the European financial sector and what your bank will need to do to not only comply but also to be more secure.
- The key requirements for effective and sustainable online banking security as outlined by the ECB/EBA
- The need for layered security – why present controls may not be enough
- How IBM can help meet the ECB/EBA recommendations on time and on budget, while minimizing deployment, management and operational costs