Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Data breach (Image: Shutterstock).

There are two interrelated and under-addressed threats that imperil the financial health of every credit union and its members: Data breaches and identity fraud.

There’s plenty of concern for each of these issues. Data breaches are occurring at an average rate of four every day, and each one releases a wave of resulting identity thefts, scams and fraud that cost financial institutions and consumers $40 billion each year.


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 TreasuryandRisk.com and Law.com.

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

Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.