WHAT: The interagency Federal Financial Institutions Council urged banks to demand more than one type of identification from online customers, due to recent high-profile computer attacks against corporations and government agencies.
WHO: Hackers disabled the Brazilian statistics agency’s website for five hours last week. Citigroup and the U.S. Senate were also targets of recent cyber attacks. A yet-unfulfilled threat was made against the Federal Reserve.
HOW: Software that records a computer user’s keystrokes have become much better at stealing identity information and passwords. Regulators worry that the six-year-old protections now being used have become less effective.