Tuesday, January 17, 2006

Feds to banks: Put security policies in writing

Even if US federal law doesn't explicitly say so, all companies that handle personal information for their customers should have written security policies, a computer security attorney said.

Last month, the Federal Reserve Board, which governs the U.S. banking industry, issued a new guide stating that all banks and other financial institutions must take certain steps to safeguard the personal data they handle.

CATEGORIES: 1banking, 1legal, 1policies, 1best practices, 1trends
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