February 11, 2014

At Tech-Sec, CUs learn fraud prevention strategies

Feb. 12, 2014- A broad look at cybersecurity issues, fraud trends and prevention strategies, and business analytics and big data solutions for credit unions were presented to attendees Tuesday during NAFCU's Technology and Security Conference in Las Vegas.

Tuesday's program kicked off with cybersecurity expert John Sileo, who appeared recently on the Rachael Ray show to discuss identity fraud risks. He provided a keynote message Tuesday titled "Personal Cybersecurity? What You Absolutely, Positively Need to Know," where he discussed the seven critical areas of cybersecurity affecting credit unions and their members. Among these is protecting all of the systems that support your computer network, such as the routers, hardware and firewall.

Also during Tuesday's program:

  • Randall Romes, a CliftonLarsonAllen LLP principal of information security, provided an overview of the latest technology fraud threats and ways credit unions can safeguard their systems to mitigate cybercrime.
  • Twanda Baker, SAS Institute technical consultant, spoke about big data solutions, how to invest in business analytics and the 10 practical steps for making analytics work for credit unions.
  • Attendees also visited the NAFCU Technology & Innovations Showcase, whichfeatures cutting-edge solutions for credit unions' security and information technology needs.

Today's program includes a networking breakfast and a full-day workshop on core processor issues. Speakers will include Valley FCU Chief Lending and Marketing Officer Darla Card; Samaha & AssociatesManaging Consultant Adam Denbo; FedChoice FCU Risk Manager Michael Martin; The Business Performance Innovation Network Executive Program Director Dave Murray; Samaha & AssociatesPresident and CEO Sabeh Samaha; and Paladin fs LLC President Aaron Silva.

The conference runs through Thursday, Feb. 13, at Planet Hollywood Resort and Casino and is open to NAFCU members and nonmembers.