Keep Cybercriminals Off Your Members’ Naughty Lists this Holiday Season
Black Friday and Holiday deals have begun, and with the COVID-19 pandemic, a much larger portion of this year’s purchasing activity will take place online. Cybercriminals are going to take to the internet to capitalize on this increase in online shopping. Online consumer scams, ACH fraud, card-not-present fraud, new account and loan fraud, and payment app fraud (i.e. Venmo, Zelle, and PayPal Direct) are among the fraud attacks that will be on the rise during this year’s holiday season.
It is important for your credit union to be vigilant and proactive in preventing these attacks, while also educating your employees and members on how to do the same.
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About Allied Solutions
Allied Solutions, LLC is one of the largest providers of insurance, lending, and marketing products to financial institutions in the US. Allied Solutions uses technology-based products and services customized to meet the needs of 4,000 clients, along with a portfolio of innovative products and services from a wide variety of providers. Allied Solutions maintains over 16 regional offices and service centers around the country and is a subsidiary of Securian Financial Group, Inc.Content in the blog posts are the opinion and views of the writer, and don't necessarily reflect the opinions or views of Allied Solutions.