Free Scam Prevention Resource Available for CUs and Their Members

August 1, 2007

FOR IMMEDIATE RELEASE
Contact: Katye Long
CUNA Communications; (608) 231-4038
klong@cuna.coop

MADISON, Wis. – Credit unions and their members can find out about the latest scams and how to avoid being victimized by them through a free new resource from TraceSecurity, a CUNA Strategic Services alliance provider.

TraceScam Alert educates and protects subscribers from current and potential online and offline scams with a database containing the latest scams, specifics on what the scam is looking for, and how to avoid being victimized. Examples of current scam topics include: the wireless network scan, the white plastic scam, vishing, phishing, the jury duty scam, the account verification scam, the eBay order processing scam, the scholarship scam, the get out of debt scam, and more.

Users can also submit any potential scams they have encountered, which will be investigated by TraceSecurity. Subscribers will be notified if a potential scam is found to be a true threat, and the scam will be added to their database list of scams and warnings.

Scams involving credit unions will be reported in a general format, without the credit union name, to protect the privacy of individual credit unions as well as the people submitting information on the potential scams.

A second free new resource, called Ask the Experts, allows credit union professionals to submit any questions they have relating to security issues in general, scams, and security compliance. The questions will be answered by TraceSecurity’s team of experts, who have hundreds of years combined experience in the security and security compliance field.

Credit union professionals need only create an “Ask the Experts” account to start asking questions. In most cases, an answer will be provided in less than 24 hours of submitting a question.

Both resources will remain free at least through the remainder of 2007.

For more information or to subscribe, visit strategicservices.cuna.org, select the TraceSecurity products link, and scroll down to the appropriate product. Questions on the TraceSecurity, CUNA Strategic Services alliance may be directed to Deb Bergenske, associate product manager for CUNA, at (800) 356-9655, ext. 4340, or by e-mail at dbergenske@cuna.coop.

About CUNA Strategic Services

CUNA Strategic Services, Inc., owned jointly by Credit Union National Association (CUNA) and the state leagues, provides credit unions with access to high quality products, services and technologies delivered with a competitive advantage made possible through volume pricing and strategic program development. CUNA serves more than 90 percent of America’s 9,000 credit unions, which are owned by nearly 90 million consumer members. Credit unions are not for profit cooperatives providing affordable financial services to people from all walks of life. For more information, visit www.strategicservices.cuna.org.

About TraceSecurity

TraceSecurity is a leading provider of security compliance and risk management solutions. The company helps organizations of all sizes to achieve, maintain and demonstrate security compliance while significantly improving their security posture. Key to TraceSecurity’s success is the company’s comprehensive patent-pending methodology that helps clients address all of the critical components of a successful security compliance program: people, process, and technology.

TraceSecurity delivers its solutions through an integrated software-as-a-service platform backed by expert professional services and comprehensive security awareness programs. The company’s flagship offering, TraceCompliance Manager, is the first comprehensive solution to automate regulatory compliance audits, board level reporting, policy management, vulnerability assessment, and employee education and testing. The company’s expert professional services include on-site risk assessments, security audits, and social engineering. The security awareness programs include an exhaustive set of standard offerings as well as custom designed courses. With over 500 clients, TraceSecurity supports the risk management and security compliance efforts of organizations in financial services, health care, insurance, government, and other regulated sectors. For more information, please visit www.tracesecurity.com.

Copyright © 2008 - Credit Union National Association, Inc.