<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

Credit unions excluded from Ross tax reform bill
15 January, 2013

Monday, Rep. Dennis Ross of Florida introduced a revised version of his tax reform bill fixing what he said was a mistak...

Armed Robber Gunned Down by Off-Duty Cop at Credit Union
19 September, 2013

An off-duty police officer shot and killed an armed robber at a Virginia Beach credit union on Saturday morning, accordi...

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...