Building a Proactive Fraud Strategy in a Digital Age

Building a Proactive Fraud Strategy in a Digital Age

Credit unions are a vital part of the financial system, providing their members with a safe and affordable place to save and borrow money. With incidents of fraud on the rise, especially cyber fraud, it’s more important than ever to have a comprehensive fraud prevention strategy as well as a thorough incident response plan. The four essential pillars of a proactive fraud prevention strategy are centralization; technologization; reinvestment; and continuing education.

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