Big banks are confronting technology service providers to learn how their customers’ sensitive data is being protected from security breaches. The Wall Street Journal on Feb. 1 reported that Wells Fargo, Bank of New York, Bank of America, Citigroup, J.P. Morgan Chase and U.S. Bancorp, backed by major accounting firms and a financial services industry group, are adopting common guidelines to which suppliers will be required to adhere. The program, called the Financial Institution Shared Assessments Program, aims to do away with what is now a considerable amount of wasted resources on the part of financial institutions as they call on service providers for information needed to appease auditors.