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An international wire fraud scheme swindles a long-time Navy Federal member and decorated military veteran out of $3.6 million.
It's not rocket science, but maps are really good at showing us who we are and where we're going.
Are CUs so focused on cybersecurity that they're taking their eyes off the ball when it comes to new fraud trends?
While cybersecurity is critical, CUs shouldn't neglect the threat of schemes that originate outside of the internet, experts say.
Managing the risk of cyberattacks involves three guiding principles.
Internet of Things devices, like security cameras and access control readers, are often overlooked as a source of vulnerability.
Invest in UEBA, SIEM and analytical capabilities for the best ransomware threat detection.
As our lives (and banking) become more fortified with digital architecture, cybersecurity measures must also ramp up.
CUs need advanced technologies with real-time monitoring capabilities designed to detect and prevent fraud.
With effective new schemes, cybercriminals have found ways to make check fraud more profitable than ever.
Golf outings, 10K races and renovation projects are also on credit unions' community engagement agendas this June.
Plus, four professionals are promoted at California's First Entertainment CU and Georgia's Robins Financial.
In addition, the Virginia Credit Union League announces board election results.
