EVENT: Wire Fraud (Session Code: 459)
Wire transfer fraud continues to plague the credit union industry. Credit unions continue to incur large losses by accepting transfer requests remotely from members. This session will include a discussion on the following:

Why callback verifications are losing their effectiveness for authenticating wire transfer requests not made in-person;
Hacking personal email accounts provides a new twist to wire fraud; and
Options to consider for transfer requests not made in-person.


Illinois Pricing:
Affiliate: $ 100.00
Non-Affiliate: $200.00

Out of State Pricing:
Regular: $ 150.00

Contact: Drew Kayvani (Illinois Credit Union League)
Phone: 630-983-3418
Fax: 630-983-3212
Email: drew.kayvani@ilcusys.org


Speaker: Ken Otsuka
Speaker Bio:
Ken Otsuka is a Risk Manager in the Credit Union Protection Risk Management Department for CUNA Mutual Group. In this role, Ken assists credit unions in identifying areas of risk in their operations and recommends best practices to reduce loss exposure. He also provides training for credit union employees. He is based in Chicago, Illinois.

Location(s):

Location 1:
Telephone - QB - April 04, 2013: 10:00 am CT
Duration: 11:00 am CT

Online registration for this event has ended.