Newsroom
January 27, 2015
NCUA adds ID theft resources to consumer site
In support of the Federal Trade Commission's Tax Identity Theft Awareness Week, NCUA added new ID theft prevention and reporting resources to its consumer site, MyCreditUnion.gov, and is encouraging credit unions to share the information with their members.
"With the broad reach of the internet, we live in a world where personal information about everyone's identity and finances is potentially vulnerable to thieves and crooks," NCUA Board Chairman Debbie Matz said in a statement Monday. "As part of NCUA's overall commitment to consumer education and financial literacy, we want to help credit union members understand what they can do to prevent theft or where to get help when cyber fraudsters strike."
NCUA said more than 16 million Americans were victims of identity theft in 2012 and losses surpassed $24 billion.
FTC says tax-related identity theft topped its identity theft complaint list in 2014, with 109,063 complaints received – accounting for 32.8 percent of the overall complaints on the issue. The commission said complaints from consumers about criminals impersonating IRS officials were up more than 2,300 percent in 2014 – from 2,545 complaints received in 2013 to 54,690 in 2014.
In its "Dirty Dozen" list of top scams, IRS last week listed phone scams, where criminals impersonate an IRS agent, as No. 1.
"With the broad reach of the internet, we live in a world where personal information about everyone's identity and finances is potentially vulnerable to thieves and crooks," NCUA Board Chairman Debbie Matz said in a statement Monday. "As part of NCUA's overall commitment to consumer education and financial literacy, we want to help credit union members understand what they can do to prevent theft or where to get help when cyber fraudsters strike."
NCUA said more than 16 million Americans were victims of identity theft in 2012 and losses surpassed $24 billion.
FTC says tax-related identity theft topped its identity theft complaint list in 2014, with 109,063 complaints received – accounting for 32.8 percent of the overall complaints on the issue. The commission said complaints from consumers about criminals impersonating IRS officials were up more than 2,300 percent in 2014 – from 2,545 complaints received in 2013 to 54,690 in 2014.
In its "Dirty Dozen" list of top scams, IRS last week listed phone scams, where criminals impersonate an IRS agent, as No. 1.
Share This
Related Resources
Add to Calendar 2024-05-06 14:00:00 2024-05-06 14:00:00 Overview of Regulation CC Join us for this webinar, Overview of Regulation CC, and you’ll delve into the intricacies of the Expedited Funds Availability Act and Regulation CC. This includes gaining invaluable insights on effectively implementing funds availability requirements, navigating the process of placing holds on deposited items and crafting comprehensive disclosures for your members. Don't miss this opportunity to enhance your understanding of regulatory compliance in the financial landscape. Key Takeaways Know the funds availability requirements Learn what must be included in disclosures Comprehend extended holds Register Now $295 Members | $395 Nonmembers(Additional $50 for USB)One registration gives your entire team access to the live webinar and on-demand recording until April 18, 2025Go to the Online Training Center to access the webinar after purchase » Who Should Attend NCCOs NCRMs Compliance and risk titles Education Credits NCCOs will receive 1.0 CEUs for participating in this webinar NCRMs will recieve 1.0 CEUs for participating in this webinar Web NAFCU digital@nafcu.org America/New_York public
Overview of Regulation CC
Credits: NCCO, NCRM
Webinar
Add to Calendar 2024-05-03 14:00:00 2024-05-03 14:00:00 Plan Sponsor Attitudes Toward Retirement Plan Management and Fiduciary Outsourcing About the Webinar In January 2024, Pentegra conducted a survey of retirement plan sponsors and their perspectives on retirement plan management and fiduciary outsourcing. The survey measured how sponsors are using fiduciary outsourcing to help better manage their retirement plans. It also captured their perspectives on what outsourcing does to help them better position their plans and drive improved retirement plan outcomes. Key Takeaways: What is the full scope of your responsibilities as a plan sponsor? What is fiduciary outsourcing and how does it work? How does fiduciary outsourcing help reduce workloads and minimize risk? How can a credit union best position its plan to drive improved outcomes? Register Here Web NAFCU digital@nafcu.org America/New_York public
Plan Sponsor Attitudes Toward Retirement Plan Management and Fiduciary Outsourcing
preferred partner
Pentegra
Webinar
Turning Lemons into Lemonade: Capitalizing in a Post-Banking Crisis Era
Strategy
preferred partner
Allied Solutions
Blog Post
Add to Calendar 2024-05-03 09:00:00 2024-05-03 09:00:00 Blind Spots in the Boardroom Listen On: Key Takeaways: [04:19] For a board to change its practices first it needs to be committed to different outcomes. It takes about 30 times for a board to start to be in a new conversation before they start to get their brain rewired to embody the change [07:24] In merger conversations we lose sight of what is important for the member. We need to look at what the continuing organization will look like and what is the leadership the membership and continuing organization need and deserve. [12:39] An educated board and executive team are a sharper team. When you have sharper leaders in the organization good things come from that. [24:22] If we are not taking care of that relationship with the CEO then we are strategically hampered. With a good CEO evaluation, the board is higher performing, the CEO is more attentive to being high performing, and the relationship is high performing and more genitive. Web NAFCU digital@nafcu.org America/New_York public
Blind Spots in the Boardroom
preferred partner
DDJ Myers
Podcast
Get daily updates.
Subscribe to NAFCU today.