Authentication must be multi-faceted.

Cyberattacks directed at credit unions continue to grow in frequency, type and level of impact. Many of these attacks result in losses in the thousands or even millions of dollars for a single financial institution. In fact, a recent Juniper Research report said the total cost of cybercrime is expected to exceed $2 trillion this year, an amount that has quadrupled in just four short years. To make matters worse, most Americans are more fearful of being a victim of a cyber-attack than being a victim of a violent crime, according to Gallup.

One of the most effective ways to prevent fraud crimes – taking any shape or form – is to build a well-armed fortress of authentication.

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

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical 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 and

Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.