Katie BaileyHas your credit union experienced an increase in fraud losses? Are you looking for practical ways to reduce them? Join TruStage on Wednesday, December 17, at 2:00 p.m. ET for the Impact of Large Losses webinar led by Becky Garton, Risk and Compliance Solutions Risk Consultant at TruStage.
The frequency and severity of losses have risen sharply in 2024, with many tied to account takeovers, check fraud, Interactive Teller Machine (ITM) fraud, ATM jackpotting, and ATM smash and grabs. Bad actors are using new schemes and reworking old tactics, and some credit unions are facing six- and seven-figure losses. This session will outline key fraud trends and explain how proper loss controls can significantly reduce both the likelihood and the impact of these events.
