ALEXANDRIA, Va. (1/8/15)--A two-part video on combating fraud, scams and other cyberthreats is available from the National Credit Union Administration. Featured on the agency's YouTube page, the videos are part of its continuing "Consumer Report" series.
"Ongoing member education on topics such as detecting, avoiding and preventing fraud not only protects a credit union's reputation, but it also helps members maintain their financial well-being," said NCUA Chair Debbie Matz. "I encourage all credit unions to use these new videos when educating their members about protecting their finances and fighting cybercrime."
Part one explains on how fraudsters initiate contact with consumers, using data from the Federal Trade Commission, and how to detect and prevent fraud.