nafcu - fraud management

Fraud Management Strategies

Main Barriers to Fraud Protection

Strategies

Strategies, Continued

Enterprise Risk Management – Fraud Strategy

Why only a general awareness?

Categories of Business Organizations

Data Breach Basics

Data Breach Basics (cont’d)

Vulnerability of So-Called “Secure” Systems

Simple Data Loss

Threats

Threats, continued

Consequences of Inaction

Five Ways a Credit Union Can Fight Cyber Security Risks

Members

Member Relations and Education of Members

Member Relations and Education of Members, Continued

What Members Can Do to Protect Themselves

What Members Can Do to Protect Themselves, Cont’d

FFIEC Cybersecurity Assessment

The inherent risk profile identifies the amount of risk posed to a credit union by the types, volume and complexity of its activities, products and services

FFIEC Definition of Five Risk Levels

FS-ISAC

Training and Guidance

Breach Response

NCUA Regulations/Guidance

State Regulation

Insurance

Cyber Insurance

Cyber Insurance, continued