Ann Davidson, senior risk management consultant for CUNA Mutual Group, and Carlton Howard, vice president of risk management at the $2.2 billion Coastal Federal Credit Union, urged credit unions not let themselves become paralyzed into vulnerability no matter how frequent or large the card data security breach.

The two provided three tips credit unions can implement to minimize the costs of card fraud:

 1.      Education

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Credit Union Management
Payments/Credit/Debit