Best Practices for Implementing a Stronger Level of Online Authentication

With online security on the minds of many credit union executives and the FFIEC guidance deadline for strong online authentication on the horizon, credit unions are looking for solutions that not only satisfy the federal guidance, but also balance security with end-user convenience. Further, as credit unions work through the critical phases of the initial risk assessment process and make decisions based on the outcome of that assessment, they should also start planning an effective strategy for a smooth rollout.

As strong authentication solutions are chosen and implemented, it’s important for credit unions to consider best practices that address deployment before, during and after the new security rollout is complete. In turn, this will help ensure a stronger security offering as well as the buy-in and approval of members.