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2009 ACUC Daily News
2009 ACUC Blog

News Now LiveWire

Australian CUs have experienced strong growth in retail deposits at the expense of their regional banking rivals. http://ow.ly/goIE 1 day ago

Yakima Valley CUs have benefited from larger banks troubles as membership, deposit growth, and overall presence expand. http://ow.ly/goHD 1 day ago

Florida Central CU names CUNA board member Laida Garcia as president, CEO. Garcia succeeds the late Ed Gallagly. See http://ow.ly/gnw7 1 day ago

WesCorp detailed cost-saving initiatives-- including roughly 90 layoffs--that aim to roll back expenses to 2003 levels. See July 6 NN. 1 day ago

Wash. State CUs have seen a 313% mortgage loan increase over the last 10 years, with lower car loan, savings deposit increases. See Mon. NN. 1 day ago

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Click here, NCUA corp actions

Identity Cues helps protect CUs from phishing

RUTHERFORD, N.J. (9/27/05)--Credit Unions' Virtual Assistant (CUVA) and Green Armor Solutions are coming together to provide credit unions with an anti-phishing system.

Identity Cues combines technology and psychology to combat phishing, pharming and other forms of online fraud (Business Wire Sept. 21).

"Education is a good start, but it isn't enough," said CEO Laura Enock, CUVA. "This new technology may be exactly what credit unions need to increase member confidence in online banking."

Identity Cues makes it obvious to users whether they are using a credit union's legitimate website or a phony website set up to enable fraud. It also integrates with online banking applications and does not interfere with the online banking process.

According to Green Armor, Identity Cues uses easily recognizable visual cues (such as colored letters) during every login for users to quickly, and even subconsciously, recognize if the site is genuine.

Cues are displayed as users type their usernames and passwords. They vary between users but are identical on each login for any particular user.



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