In support and commitment to our credit unions, we have spent the past two days at the MAXX 2019: Annual Convention, CU4Kids Auction, and Annual Business Meeting held at the Spokane Convention Center. The event hosted Pacific Northwest credit unions, board members and vendors from across the country. The conference featured a robust tradeshow and industry discussions, along with a great space to network with vendors, credit unions and partners.
Credit Unions have been an industry of focus for Intrinium since 2007, and as we have developed our business, we have continued to assist our clients with all their compliance, auditing and IT needs. Over the past decade, we have continued to see an increase in malicious actors and efforts to compromise the security of credit unions across the country.
Cybersecurity, social engineering, and asset management were topics of discussion at this year’s conference. Specifically, presenters discussed the rise in electronic fraud, which included everything from CEO email scams to gift card solicits. With the rise in more targeted acts, we encourage you to review your current information security plan, invest in security awareness training to ensure your credit union is doing their best to manage risks appropriately. Stay tuned for more updates and takeaways from this year’s great conference.