Ann Davidson, senior risk management consultant for CUNA Mutual Group, and Carlton Howard, vice president of risk management at the $2.2 billion Coastal Federal Credit Union, urged credit unions not let themselves become paralyzed into vulnerability no matter how frequent or large the card data security breach.

The two provided three tips credit unions can implement to minimize the costs of card fraud:

 1.      Education

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.