Avivah Litan advises to "slow" wire transfers during attacks, which she says have been used as distraction to steal millions.
Spring has sprung. Play ball! Here are seven credit unions that are doing just that in their marketing strategies.
Experts have been quick to weigh in with opinions on the usefulness of NCUA’s counsel.
Call it a frighteningly mixed message. In the last week of January, the al-Qassam Cyber Fighters who had been claiming the Distributed Denial of Service takedowns of some of the nation’s largest financial institutions, turned their sights on credit unions.
Some timely hometown lessons in international cybercrime have been added to the agenda of NAFCU’s Technology and Security Feb. 26-28 in Austin, Texas.
The bland name hides the lethal intent of DDoS when aimed at financial institutions, an event that has become increasingly common as dozens of large banks have recently found their online operations crippled, sometimes for days by highly skilled cyber-attackers.
Reducing deposit fraud cases is an important goal at any credit union. At University Federal Credit Union, one incident in particular triggered the need for a new solution that would allow it to take a preventative approach against this common form of fraud.
California credit union second to confirm attack from Izz ad-Din al-Qassam Cyber Fighters, purportedly Iran-based.
Temporary takedown of University FCU website in Texas shows credit unions not immune.
Website claims Al-Qassam Group is responsible for taking University FCU's website down for 2 1/2 hours on Thursday.