Fraudsters stole more than $16.8 billion from 16.7 million U.S. consumers in 2017, according to Javelin Strategy & Research. With payments shifting to online and mobile channels as well as…
Are you Empowering Your Members in the Fight Against Fraud?
5 Must-Reads: One Year after Equifax, Cybersecurity Steps Up
A year has passed since the infamous Equifax breach led to 140 million Americans having their financial information stolen by hackers. In 2017 financial services firms fell victim to 3…
5 Must-Reads: Fraudsters Have Improved – Have We?
There’s no question about it: Fraudsters are getting better. They’re faster, more resourceful and they are using better technology. Think back five or ten years at how fraud used to…
COOPER Fraud Analyzer Launches into Pilot Testing
Like the consumers they target, fraudsters are becoming more digitally-savvy – and this dynamic is creating new security challenges for financial institutions everywhere. Fraudsters are now employing sophisticated methods and…
7 Summer Fraud Scams to Avoid All Year Long
By John Buzzard, Industry Fraud Specialist for CO-OP This article previously appeared on CUInsight According to a recent Nilson report, global card fraud will reach $43.8 billion this year. While…