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Re: buzztech911 post# 5581

Tuesday, 07/24/2012 5:47:37 PM

Tuesday, July 24, 2012 5:47:37 PM

Post# of 235046
Buzz Patco vs Peoples

IT seems that Peoples utilized 2 basis factor risk from rsa/cyota

after the FFIEC guidelines after 2005, but the client didn't use the instructions from the bank and the bank and client didn't follow up on bogus payments promptly.Client ignored high risk notice?

The FFIEC wants 3 basis factor and out of band for max. protection ,

I assume you are pointing this court case out to us, that SFOR was a better solution? OR is there something I'm missing.

Always thanks for your DD