Greenway Solutions announces the launch of EFTGuard
EFTGuard is a distinctly new protection program created to help small and medium businesses beat cybercrime. The program delivers unprecedented protection to shield businesses from potential online threats. It includes up to $500k per customer / $100k per account coverage for losses incurred as a result of cybercrime.
Risk Assessment Solutions for new FFIEC Guidance
The 2011 FFIEC Internet Banking Guidance calls for Financial Institutions to perform periodic risk assessments – at least every 12 months, prior to implementing new electronic financial services, and as new information becomes available.
Greenway Solutions offers Banks a range of FFIEC Risk Assessment services for Retail Banking, Commercial Banking and Retail Brokerage including:
- Fraud Red Team – A comprehensive testing service that uses Greenway funded bank accounts to assesses how the Bank’s identity management, authentication, and fraud controls are working within and across customer contact channels.
- FFIEC Audit - A paper based audit of online controls for high risk transactions mapped against the current threat environment and other FFIEC prescribed criteria.
- Fraud Defect Analysis - Data analysis of actual fraud cases and mule accounts to determine where gaps exist in the current control environment.
- Cyber Threat Analysis - Greenway experts issue a monthly Analysis Report of publically reported threats and how they impact various Bank businesses and support groups.