Strong internal controls are just one source of prevention.
Organizations blast credit union trade groups for misleading the media and Congress.
Firm debuts restrictive endorsement tools to prevent double dip check cashing.
Gambling addiction led to stealing $250,000 from Members 1st FCU and a Pennsylvania bank.
CUNA survey of 835 credit unions reveals 7.2 million cards affected at an average cost of $8.02 per card.
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.