InfoBytes Blog
FDIC Publishes Special Edition of Quarterly Consumer News: A Bank Customer's Guide to Cybersecurity
On March 8, the FDIC published a special edition of its Quarterly Consumer News entitled, “A Bank Customer’s Guide to Cybersecurity.” The guide provides consumers with, among other things, (i) safety tips for online banking; (ii) steps to take to ensure mobile devices remain secure; (iii) advice on how to avoid identity theft, including tips for keeping malware off computers; and (iv) an eight-question cybersecurity test based off the information provided in the guide. The guide also highlights federal regulations and law in place requiring financial institutions to establish programs that ensure (i) the security and confidentiality of customer information; and (ii) the minimization of consumers’ losses if they are the victim of unauthorized purchases. Finally, the guide warns small business owners “to be vigilant in protecting their computer systems and data” and provides them with tips similar to the basic precautions outlined for consumers.