June 14, 2013 BANKING & FINANCIAL,CORPORATE ACCOUNT TAKEOVER

Corporate Account Takeovers & What It Means for Credit Unions

On June 25th, at the invitation of a prominent local bank here in Houston, I’ll be presenting to a group of 40 CEOs on the (touchy) subject of Corporate Account Takeovers.

 

This has evolved into one of the most recurring conversation topics I’ve been entertaining of late with our FI customers.  It would appear that both FIs and auditors alike have finally come to the realization that this is an issue as important as securing the FI’s internet.  I mean, when you think about it, banks have their perimeters strongly protected (but do they really, ahem) to stop hackers from stealing customer data, but hackers have a much easier time stealing that same data directly from the source – the customer. (Read more)