EVENT:
Online Banking Risks (Session Code: 429)
Cyber thieves have been compromising accounts through online banking systems at break neck speed as password stealing banking Trojans, such as Zeus, become more prevalent making most forms of two-factor authentication ineffective. Credit unions have experienced their fair share of online banking fraud. Once the cyber thieves gain access to an account through the online banking system, they transfer funds to accounts at other institutions, foreign and domestic. Cyber thieves are even compromising credit union accounts at third party providers of electronic funds transfer services. This session will include an overview of the following:
· How cyber thieves infect computers with banking Trojans
· Updated authentication issued by the Federal Financial Institutions Examination Council
· Mobile banking
· Loss case studies
Illinois Pricing:
Affiliate: $ 100.00
Non-Affiliate: $200.00
Out of State Pricing:
Regular: $ 150.00
Contact: Ken Otsuka (Illinois Credit Union League)
Phone: 630-983-3420
Fax: 630-983-3212
Email: gregory.framarin@ilcusys.org