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Deep Dive: Credit Unions Work To Keep Members’ Data Private

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Credit unions’ emphasis on member relationships is one of the main factors that distinguishes them from large banks and FinTechs. Credit unions possess vast troves of personal information such as credit card data and Social Security numbers that could devastate members if leaked. Data Breaches Within And Without.

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BEC Targets BSA Officials At Credit Unions

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To that end, phishing attacks, more commonly known as business email compromises (BECs), have been aimed at Bank Secrecy Act (BSA) officials at credit unions. Krebs on Security noted that the emails sent to officials at the United States credit unions looked like they were being sent by other BSA officials.

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NEW INSIGHT: Turning Savings-Conscious Students Into Lifetime CU Members

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The early bird catches the worm — and credit unions (CUs) are no exception. Recently passed legislation and bills still in the works could rewrite major aspects of the credit union world, and CUs have now taken to Congress to ensure their voices are heard. Around the Credit Union Landscape. Nevada Sen.