NEWS BANKER'S HOURS BY CHRISTOPHER WEYANT ICBA updates its Hurricane Preparedness resource center In preparation for Hurricane Ian, which devastated parts of Florida and South Carolina this past September, ICBA updated its Hurricane Preparedness resource center. In addition to providing updates about Hurricane Ian, the page includes resources for South Carolina, Florida and Georgia, as well as national resources that provide community bankers with tools and knowledge to prepare their customers for these types of events. " How fast is your approval for vacation loans? " QUICK STAT DEFINING FINANCE of business owners raised compensation in September 45% 23% of owners plan to raise compensation in the next three months 22% cited labor quality as their top business challenge Source: National Federation of Independent Business noun KBA is a process that aims to confirm a person's identity through a series of questions as a component in multifactor authentication, password retrieval and other verification processes. There are two types of KBA: static and dynamic. Commonly used by banks and email providers, static KBA will ask users set questions such as " What's your mother's middle name? " when they create an account, and store this information for later. Dynamic KBA consists of automatically generated questions (such as, " What are the last four digits of your Social Security number? " ) gathered from public and private records. Users usually have limited answering time to prevent fraudsters from researching answers. independentbanker.org Q 15 Knowledge-Based Authentication (KBA)http://www.independentbanker.org