WASHINGTON — Wolters Kluwer Financial Services and NAFCUServices Corporation is helping credit unions take proactive stepsto fight internal fraud with its latest free podcast.

|

Credit unions focus so much on using technology solutions as away to protect their systems, that it is all too easy to overlook'lower-tech' sources of fraud by employees,” said David Frankil,president of NAFCU Services Corporation. “But there are establishednorms and best practices that financial institutions can use toaddress some of the risks. This podcast will show how to employthem.”

|

The podcast features an interview with Tom Leuchtner, seniorproduct manager for Wolters Kluwer Financial Services' fraudprevention solutions.

|

“Many financial institutions focus mainly on external threatsrelated to fraud, but The Tower Group estimates that more than 74%of all fraud perpetrated on institutions involves an insider,” saidLeuchtner. “The key for a credit union in addressing internal fraudis to establish control and reporting systems that maximize theirability to detect and prevent opportunities for fraud.”

|

The podcast is an overview of a longer presentation to beoffered at the 2008 NAFCU Technology and Security Conference in LasVegas, Feb. 25-28.

|

The free podcast is available online at www.nafcu.org/WKFS andhttp://nafcuservices.podbean.com.

|

[email protected]

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.