Partnership: Making Common Cause in a Common Effort

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Presentation transcript:

Partnership: Making Common Cause in a Common Effort Greg Garcia Partnership Executive Enterprise Information Management Bank of America

Meeting customer needs Safe, secure

Meeting customer needs Safe, secure Simple, seamless, convenient access

Meeting customer needs Safe, secure Simple, seamless, convenient access Active customers

The threat: Cyber crime

Cyber crime losses are growing

Identity crime affects all sectors

Identity crime affects all sectors

Identity crime affects all sectors

Creating trusted identities Interoperable federated frameworks

Creating trusted identities Interoperable federated frameworks Multiple methods

Creating trusted identities Interoperable federated frameworks Multiple methods End-to-end identification

Creating trusted identities Interoperable federated frameworks Multiple methods End-to-end identification Higher-level authentication

Required: Open standards NOT proprietary NOT imposed But in partnership

We believe in partnership OASIS National Strategy for Trusted Identities in Cyberspace (NSTIC) Financial Services Sector Coordinating Council (FSSCC) Identity Theft Assistance Center (ITAC) BITS/Financial Services Technology Consortium (FSTC)

Questions to ask ourselves ?

Thank you! Partnership: Making Common Cause in a Common Effort Greg Garcia Partnership Executive Enterprise Information Management Bank of America