FSTC Starts Financial Institution Authentication Project

The Financial Services Technology Consortium, New York, has initiated a new project designed to authenticate financial institutions to consumers.The project will create one or more use cases and threat analyses that can be used to evaluate a set of technology solutions currently being developed by the IT and communications industries. Also, the project will define and create a test bed with a supporting test plan and evaluation criteria for testing and evaluating financial institutions authentication solutions against use cases defined by the project team. At present, FSTC is assembling the team for this project and is soliciting membership from across financial services, IT and communications industries. The organization can be found on the Web at http://www.fstc.org.