ID Theft/Data Breach Articles
Auto Lending Fraud Trends in 2019
Have you heard this phrase before – “the more things change, the more they stay the same”? This is certainly the case when it comes to auto lending fraud. Fraudsters may change their stripes and perpetrate new and more clever schemes each year, but in the end the results are the same – lenders and…
Transparency is Key to Protecting Members’ Assets
My wife and I are “owned” by two German Shepherd Dogs. These are by far the smartest dogs I have ever been around. If they had thumbs, they would probably rule the world. But, even the smartest dogs in the pack can be fooled when they are distracted by something they are passionate about. In…
Protecting Your Members for the “Breach” Holidays
For the past several years we have seen more data breach activities during the holiday season than any other time of the year. The holidays are also the time of year for heightened ID theft activity. Criminals get into their own “holiday thievery” mode and understand that this is the time of year when consumers…
Only Three Things are Certain in Life: Death, Taxes, and…Data Breaches
If Benjamin Franklin were alive today, I believe this would be his new take on his famous quote. He would recognize the inevitable fact that data breach events, like death and taxes, cannot be stopped. They certainly can be deterred and delayed, but based on the avalanche of data breach events in the past eighteen…
Protecting Your Credit Union from Cyber & Data Breach — A Greater Challenge in 2015
Protecting your members and your credit union from cyber-attacks will be a greater challenge in 2015. With the New Year upon us, the forecast for 2015 indicates a significant increase in the number data breach events affecting consumers and your members. As threats continue to rise, credit unions are searching for ways to reduce their…
Is Your Credit Union Prepared for a Data Breach Event?
…The Odds are Against You as Thieves Get More Sophisticated. We are experiencing the worst year in history for data breaches in the United States. Since the beginning of 2014, when Target department stores had announced one the largest breach events ever, there has been a significant increase in incidents, with a major breach now occurring on…
Responding to Members’ Fears About Data Breach & ID Theft
Over the last year, the number of high-profile data breach events has escalated. Companies ranging from Target, eBay, and AT&T, to Marriott, Hilton, Coca Cola, PF Chang’s, and others, have been effected by data breaches, so it is not surprising to learn that consumers – some of whom include your individual credit union members –…