4+ day, 5+ hour ago   (214+ words) CU Today MENLO PARK, Calif.--Hackers siphoned roughly $320 million from the Liquid Network blockchain in the latest major cryptocurrency theft, with the attackers claiming to be “white-hat hackers” who intend to return the funds once a security…...

5+ day, 14+ hour ago   (234+ words) CU Today GALESBURG, Ill.—Gale Credit Union has begun notifying individuals of a data breach that exposed names, Social Security numbers, financial account numbers and Visa credit card numbers and expiration dates, with the Akira ransomware group claiming it…...

5+ day, 14+ hour ago   (358+ words) CU Today LONDON—The growing use of autonomous AI agents in financial services could force banks to rethink traditional Know Your Customer requirements as consumers increasingly allow technology to make payments, move money and manage accounts on their behalf,…...

5+ day, 15+ hour ago   (299+ words) 153 Million Driver’s Licenses For Sale On Dark Web As FBI Investigates CU Today NEW ORLEANS—The FBI is investigating a dark web identity theft service that claimed to be selling more than 153 million U.S and Canadian driver ...

1+ week, 5+ day ago   (271+ words) NEW YORK--Fraud prevention is undergoing a fundamental shift at U.S. card issuers: What was traditionally viewed as a cost center is increasingly being treated as a way to keep cardholders, build trust and ultimately generate more revenue from those relationships....

1+ week, 5+ day ago   (200+ words) CU Today BASEL, Switzerland—Frontier artificial intelligence could dramatically increase the speed, scale and affordability of cyberattacks, potentially undermining confidence across the global financial system, Financial Stability Board Chair Andrew Bailey warned G20 finance ministers and central bank governors Andrew…...

2+ week, 4+ day ago   (333+ words) CUToday WASHINGTON—The League System has rolled out a new Cybersecurity Awareness Toolkit designed to give credit unions customizable materials they can use to educate members about online threats, fraud and digital security as cybercrime losses continue to climb....

2+ week, 5+ day ago   (174+ words) STAMFORD, Conn.—Despite the rapid adoption of artificial intelligence and cloud computing, bank technology executives aren't preparing to pull the plug on their mainframes, according to new research from Crisil Coalition Greenwich. Nearly three-quarters of bank CIOs, CTOs and other…...

2+ week, 5+ day ago   (244+ words) WASHINGTON-- John Alexander has been named deputy chief advocacy officer at the Defense Credit Union Council, the trade group announced Monday. Alexander will strengthen DCUC’s advocacy efforts and advance its representation as the national voice for defense credit unions across…...

3+ week, 1+ day ago   (310+ words) CUToday TAMPA--Velera Thursday announced the release of its Consumer-Engaged Fraud Case Management Playbook.Designed to help credit unions navigate complex consumer-engaged fraud cases, the resource provides a practical framework for investigating claims, making informed filing decisions and reducing chargeback…...