DES MOINES, Iowa (4/21/14)--Payments processor The Members Group (TMG) is presenting a free webinar, "2014: The Year of the Data Breach," for financial institutions at 1 p.m. CT Wednesday.
Hosted by TMG Senior Fraud Prevention Analyst Nicole Reyes, the hour long event will provide insight on current fraud trends and how credit unions should prepare their fraud-prevention policies, procedures and strategies for 2014 and beyond.
During the webinar, Reyes will detail new fraud trends that credit and debit card issuers are currently experiencing, many of which are a direct result of recent data breaches. She will share her expertise on cyber-crime and how fraudsters use malware and other tricks to siphon and sell consumer information. Best practices for minimizing losses related to these crimes will be discussed as well, so attendees leave the webinar armed with tangible ideas for improving their fraud-fighting strategies.
Attendees of the webinar will also receive a first look at Reyes' newest white paper, "What Card Issuers Need to Know about Card-Not-Present Fraud." The paper, which is the last in a series of four TMG papers covering fraud topics for issuers, takes a look at online fraud, the predicted impact of the Euro-MasterCard-Visa standard on card-not-present fraud and how an authorization method known as tokenization is expected to help.
To register, use the link.