Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
CSS partner TraceSecurity featured in IL.A. TimesI
LOS ANGELES (6/9/10)--The chief technology officer of a CUNA Strategic Service (CSS) provider, TraceSecurity, was featured Sunday in a Los Angeles Times article about protecting credit. Jim Stickley of the Louisiana-based risk management firm breaks into financial institutions and steals consumers’ private information as part of his daily job. Stickley, however, returns the information he obtains to the financial institution--along with a stern warning to the institution about protecting such information. TraceSecurity has been hired by more than 1,000 financial institutions to test security measures. Not one financial institution has able to prevent the intrusion, the newspaper said. After gaining access to the institution--sometimes posing as a pest control technician or electrician--Stickley said he proceeds to steal items such as backup tapes and other data. Sometimes, a financial institution employee will accompany him on his “job” while in the branch, but most often, the employee leaves him alone, giving him the opportunity to steal sensitive information. Because of potential security compromises, Stickley advised consumers to watch their accounts; look for warnings, such as a big spike in mail offering credit cards; check credit reports; and place a fraud alert on file if anything on an account appears suspicious.
Other Resources

RSS print
News Now LiveWire
Large CU stress testing on the agenda for the April @theNCUA open meeting http://t.co/2TUcnmCmPi
10 hours ago
#FinancialLiteracyMonth Test your college financial aid knowledge @nasfaa http://t.co/xgrDmHaw8W
18 hours ago
Join @theNCUA #NCUAchat with @KenWortheyJr on April 23 from 11am to 12pm EST http://t.co/TnNmfFh4Nl #FinancialLiteracyMonth
20 hours ago
Maine's patent troll bill has become law. Read more in Monday in @NewsNowLiveWire
22 hours ago
Wash. DFI discusses serving legal marijuana businesses with @NWCUA http://t.co/3kw79HJUYF
23 hours ago