Lares CEO Featured in CUES CU Management Article

Lares CEO Featured in CUES CU Management Article

Lares CEO Featured in CUES CU Management Article 1090 726 Andrew Hay

Lares CEO Chris Nickerson was recently interviewed by Karen Bankston for a recent Credit Union Executives Society (CUES) CU Management article on the topic of keeping pace with evolving fraud detection. From the article:

Testing fraud security measures also involves trying to find and exploit openings in a credit union’s mobile or online channels, core system or other software inadvertently left outside of security measures or programs that have not been patched with updates. Those openings could give hackers “a level of control inside those systems where they might find ways to instruct systems to ignore a rule for a specific transaction, or they could directly create a threat by extracting money or transferring funds into other accounts,” Nickerson says.

Read the full article at https://www.cumanagement.com/articles/2020/06/tech-time-keep-pace-evolving-fraud-detection and reach out to our team if you have any questions about how Lares can help your credit union prepare for and mitigate fraud.

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