<img height="1" width="1" style="display:none;" alt="" src="https://px.ads.linkedin.com/collect/?pid=4052188&amp;fmt=gif">

credit union cybersecurityDenial of service attacks are often launched as a distraction to cover up wire fraud, a FIS executive told credit union leaders at a recent conference.

Fraudsters often launch fake wire transfers at the same time a bank or credit union is distracted by denial of service attacks. This strengthens the chances that the fraud won’t be caught, according Anthony Jabbour, an executive vice president with FIS. Click here to learn more.

You may also like

Experts split over whether DDoS attacks will target credit unions
14 January, 2013

With the recent wave of powerful Distributed Denial of Service (DDoS) attacks against banks like Wells Fargo and Bank of...

9 Ways to Avoid Obamacare Fines at Your Credit Union
9 Ways to Avoid Obamacare Fines at Your Credit Union
23 September, 2013

While Congress continues to fight about the Patient Protection and Affordable Care Act (aka Obamacare), many credit unio...

Patelco Credit Union confirms cyber attack
29 January, 2013

The San Francisco-based Patelco Credit Union just confirmed that its website was hit by a DDoS attack on Thursday. The m...