For credit unions, maintaining the most up-to-date online security is like playing a game of cat and mouse. Every time one problem is solved, another one pops up. This is no different in helping to protect members against crimes of identity theft. Historically, identity theft was limited to fraudulent credit access that is best detected by credit monitoring. But the crime has evolved. The increased availability of public information, combined with easy Internet access has left consumers vulnerable to far more devastating types of identity theft beyond credit card fraud, such as fraudulent employment and other applications.
In this podcast we interview Wayne Conte, executive vice president of sales for Affinion Group, NAFCU Services’ preferred partner in providing identity theft solutions to credit unions. Conte is an expert in online security with over 20 years of management and finance experience. He discusses the basics of identity theft, how it most often occurs, how it is changing, what trends are predicted for the future, as well as the current statistics on the prevalence of identity theft which has become the fastest growing crime in America. Conte also explains valuable tips for both credit unions and credit union members in preventing, detecting, and resolving identity theft issues.
Wayne will also be speaking on this topic at the NAFCU Technology and Security Conference, February 23 – 26, 2009 in Las Vegas, NV.
Interviewer: David C. Frankil, President, NAFCU Services Corporation; Email: firstname.lastname@example.org; Phone: 703 522-4770 x226