FDIC to banks: Watch out for spyware

Agency urges banks to step up data protection after a spate of breaches of consumer information.

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FDIC to banks: Watch out for spyware

FDIC to banks: Watch out for spyware

Mr. AT Alishtari, POA and Founder of EDI Secure LLLP, says cyber mafias are doing incredible market making by continuing bank rape and private ID theft from banks. The cyber theives breached single and double level encryption or authentication, so named by the National Institute of Standards & Technology of the U.S. Commerce Department as levels 1 and 2 of four levels in its recent report to U.S. Congress.

The new laws to be implemented over the next 14 months suggest making allowable to consumers the highest levels of authentication levels 3 and 4 with multiple authentications and offline devices such as tokens or other devices to confirm user ID or to keep it offline. Two factor authentication with offline device system is seen by most experts as hackless and that process is owned under the single use credit card number ID U.S. patent granted July 22, 2003 by USPTO owned by EDI Secure LLLP as a legal monopoly.

This is the top protection like that all the G8 nations are using to go to market. Simply put, the solution is here and the consumers will find their way blinded by a blitz of spam and malware to the better mouse trap since the attack of the super cyber mafias will only increase by robots until the U.S. market like the U.K. either boycotts banks and card issuers or until the banks and card issuers wholesale make available to them level 4 two factor authentication with offline devices like the rest of the civilized world is doing.