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.
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.
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.
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.
Mobile banking is the game changer, Apple disses NFC, and more
The fast-paced era of instantaneous information created by the Internet, social media and smartphones has resulted in a significant change in the manner in which people process information. And new research suggests that credit unions may want to rethink their approaches to financial education in looking for ways to connect...
Taking a gaming approach to personal financial management may be serious business, Filene thinkers think. Get the story now from next week's print edition.