From 2009 to 2013, 46% of claims paid involved employee dishonesty, the company said.
Louisa Gabaldon pleads guilty to withdrawing $118,000 from accounts at Belen Railroad Employees Credit Union.
Timothy J. Coughlin embezzles $10 million through a bogus credit union, receives seven-year sentence.
Strict data security policy and procedures can help credit unions avoid costly breaches.
Man who sold bogus certificates through a fake credit union must pay restitution and a civil penalty.
Apple Financial Services employee pleads guilty to selling fake investments to widows.
Security blogger Brian Krebs says stores in New Jersey, New York and Pennsylvania may have been breached.
National Retail Federation encouraged by campaign for safer payment methods from retailers.
President launches initiative to motivate companies to implement safer payment methods.
In 2014, 73% of companies have the necessary safeguards in place, compared to 67% in 2013.