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Entries related to: credit-unions

Privacy Crime That Kills—Protect Patients from Medical Identity Theft

Did you know there’s a privacy crime that can kill? I’m not talking about the death of a career or the death of a business. I’m talking about medical identity theft.  “It’s an insidious crime and the consequences can be deadly,” said Robin Slade with the Medical Identity Fraud Alliance. “This fraud causes your medical records to get contaminated by the perpetrator’s medical information, so it could literally kill you.”
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'Tis the Season for Low-Tech Fraud: 10 Ways to Protect Your Members

It’s hard to believe the holidays are upon us, and unfortunately so too are the fraudsters. This time of year, fraudsters ramp up their efforts to defaud credit union members who are distracted with the hustle and bustle of the season. It's essential to know what's going on with every piece of your finances. And I refer to “every bit” of your finances because that includes digital (high-tech) and paper (low-tech) fraud.  Low-tech fraud is still very much alive and well, especially during the holiday season. Credit unions and members can't become complacent about low-tech crimes. The criminal activities of yester-year—check fraud, theft of personal information from mailboxes, breaking into cars and homes to steal personal information—are just as prevalent today as they were decades ago.
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Tax Preparer Fined $409K for Identity Theft and Fraud

An Arizona tax preparer has been sentenced to almost six years in prison and fined $409,000 for identity theft, wire fraud and filing false returns. Latoya Nivea Morehead, a 33-year-old from Glendale, Arizona, was convicted of preparing hundreds of tax returns containing false information.
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When Fraud Strikes: The Hidden Cost of Document Tampering [Infographic]

When I hear about data breaches, it’s easy to imagine a hacker sitting in a dark room with a pile of Red Bull cans and a keyboard. It’s easy to be ambivalent to that type of threat. Of course you’re afraid of being hacked, but you’re doing what you can to protect your company.  But have you considered the threats you face from the people who work in the offices next to yours? A recent study found that insider threats make up about 23% of all cybercrime incidents. In fact, companies around the world lose $2.9 trillion to employee fraud each year, with $40 billion of just in the United States.
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Wisconsin Credit Union Takes $13M Charge in Fraud Scheme

One of the largest credit unions in Wisconsin has been hit by a recent fraud scheme involving fake US Department of Agriculture loans. The Madison-based UW Credit union has taken a $13.1 million loss contingency charge against its earnings in response to the fraud. Even with the loss charge, the credit union is still profitable for the year with almost $1.9 billion in assets.
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John Harris to Speak on E-Signature Myths at T3 Enterprise Conference

We’re happy to announce that our very own John Harris will present a session at the 2014 Technology Tools for Today (T3) Enterprise Conference in Atlanta on November 13. His session, “E-Signature Mythology 101,” will help attendees decode confusing terms and e-signature industry secrets. “We all know the benefits of digital signatures, but not all signature solutions are created equal,” Harris said. “This session will help financial advisors become savvy e-signature buyers.”
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Why Digital Signature Solutions Must be Scalable for Pharma

The benefits of digital signatures for the life sciences industry are undeniable. Clinical research organizations (CROs) are drawn to the incredible cost savings opportunity—one clinical research institute is able to save $1 million per year on postage by switching to digital signatures. CROs and pharmaceutical companies also appreciate the assurance that every consent form will be returned 100% complete in a fraction of the time of a paper process.
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Why Real Estate Agents Need Two-Factor Authentication

This just in—passwords aren't enough anymore! This news shouldn't be much of a shock if you've been following the news lately. Earlier this month, 7 million Dropbox user names and passwords were leaked.  "As the capabilities and convenience of the Internet continue to grow, so does consumer security concerns," Brian Fitzgerald, vice president of marketing at RSA, said in a statement. He added that, "while these concerns are top of mind, behaviors and attitudes of consumers are not changing."
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Insider’s Guide to #NARAnnual REALTORS Conference & Expo

We’re less than a week away from the 2014 REALTORS® Conference & Expo, and we can hardly wait! Not only will we get to network with some amazing real estate agents, but we’ll also get to visit New Orleans. If you’re one of the 17,000 attendees going to the conference, you’ll have the chance to visit 400 vendors on the exhibit floor (be sure to come see us at booth 1154 to get a sneak peek of zipLogix Digital Ink’s new mobile signing mode). You’ll also be able to choose from 100 educational sessions!
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How to Educate Your Members About Digital Signatures

You probably already know the benefits of digital signatures for credit unions—you can save time and money. Many credit union members are tired of paper-based processes and expect to be able to access your credit union's services anytime online.
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