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Re: WBCTrader post# 105819

Saturday, 10/22/2016 1:03:53 PM

Saturday, October 22, 2016 1:03:53 PM

Post# of 235076
SFOR is Well Aware of FFIEC WBCTrader.

( Federal Financial Institutions Examination Council )

As well as HIPAA and HiTech and Electronic Protected Healthcare Information (ePHI)

WBCTrader
"It literally has 0 impact on strikeforce".

To think that SFOR is not thinking in the Direction of Regualtions regarding FFIEC and how their Patent's also may play a part in how Current Banking Vendors Products are infriging up their Patents would be absolutely preposterous. ZERO Effect ??

I never implied (to use Your words stinky pinky) would be a Banking Vendor while on the OTC.

Again I say as you should contact Management and inquire about what I have discussed and report back to the board. Or have you already inquired already in the past? As You go back to April 2016 on the SFOR Board. If you do inquire, be sure to message myself so I don't miss the Memo.

Thank you,
49'er


The Green Sheet - Lawsuit claims user authentication patent infringement


StrikeForce characterized its out-of-band user authentication technology as critical in the increasingly difficult fight against fraud.


"This increase in cyber-attacks and the strengthening of regulations, such as the FFIEC [Federal Financial Institutions Examination Council] in the financial market and HIPAA [Health Insurance Portability and Accountability Act] HiTech and Electronic Protected Healthcare Information (ePHI) in the health care market, are prompting an exponential increase in the use of out-of-band authentication," the company said.





Post 105722 by WBCTrader

I am in the cyber security sector for financial institutions. The purposed "sweeping" regulations will only affect banks with 50billion in assets or more, and only require banks to have a cyber security strategy approved by their board of directors.

It literally has 0 impact on strikeforce. As much as I would like it to mean something it doesn't.

I can tell you that financial institutions that are regulated by the FED or FDIC will not be able to utilize strikeforce as part of their cyber security approach. We have to do DD on any software vendor we use and one in stinky pinky land will get you in trouble with regulators.