Banking and Finance Law Daily FDIC promotes cybersecurity resources for banking consumers, businesses
News
Wednesday, March 9, 2016

FDIC promotes cybersecurity resources for banking consumers, businesses

By Colleen M. Svelnis, J.D.

The Federal Deposit Insurance Corporation has issued a guide to cybersecurity for banking customers, along with new resources aimed at consumers and businesses, to educate banking customers about cybersecurity. The materials are part of National Consumer Protection Week, a campaign coordinated by federal agencies, state governments, consumer organizations, and local consumer protection authorities, with tips and information to help consumers better protect themselves. “As financial institution customers rely more and more on computers, smartphones, and tablets for banking, it is important that they learn how to help protect themselves and their data,” said FDIC Chairman Martin J. Gruenberg.

A Bank Customer's Guide to Cybersecurity” is a special edition of the agency’s quarterly newsletter, Consumer News. The newsletter includes:

  • tips on how to avoid identity theft online;
  • information about how banks and regulators are protecting customers;
  • steps to secure computers and mobile devices for Internet banking and shopping;
  • how to be safer when using a smartphone or tablet;
  • information about malware—malicious software—and phishing scams;
  • help using social networking sites safely;
  • tips for protecting children’s personal information;
  • how federal laws and industry practices limit losses from cyberattacks; and
  • cybersecurity tips for small businesses.

The FDIC also released two new cybersecurity brochures aimed at consumers and business customers of financial institutions. The brochures, A Cybersecurity Guide for Financial Institution Customers and A Cybersecurity Guide for Businesses, include tips to help users protect and maintain their computer systems and data, as well as on how to avoid fraud when banking online or on mobile devices.

MainStory: TopStory IdentityTheft Privacy

Back to Top

Interested in submitting an article?

Submit your information to us today!

Learn More