nafcu - fraud management
TRANSCRIPT
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