MADISON, Wis. (10/19/12)--A new agreement between the Credit Union National Association (CUNA) and Stickley on Security offers credit unions a low-cost solution to help comply with Federal Financial Institutions Economics Council guidelines regarding consumer education about identity theft and security precautions.
"Compliance includes risk mitigation, so helping your members identify and prevent ID theft should be a component of any credit union's security program," said Valerie Y. Moss, CUNA regulatory affairs director of compliance information.
Credit union members are among the more than 11.6 million adult victims of identity fraud, which increased by 13% last year, according to the 2012 Identity Fraud Industry Report issued by Javelin Strategy & Research.
The Stickley on Security training solution helps consumers stay informed about the latest security risks facing them and what they can do to protect themselves. The solution provides written content and a library of security training videos that can be embedded into any existing Web page with a single line of code. The security videos, ranging from five to 10 minutes in length, address topics such as ATM scams, credit card skimming, phishing and vishing attacks, secure mobile banking, fake cashier's checks, multifactor authentication and more.
CUNA is a supporting coalition member of National Foundation for Credit Counseling's fifth annual National Protect Your Identity Week, Oct. 20-27. "Credit unions interested in protecting member privacy can leverage the videos during Protect Your Identity Week and beyond," said Susan Tiffany, CUNA's director of consumer publications. "The content of the video library is dynamic, so it addresses consumer security threats as they evolve."