QuickBite: Wire Fraud


Wire transfer fraud continues to plague the credit union industry. Credit unions continue to incur large losses by accepting transfer requests remotely from members.
This session will include a discussion on the following:
  • Why callback verifications are losing their effectiveness for authenticating wire transfer requests not made in-person
  • Hacking personal email accounts provides a new twist to wire fraud
  • Options to consider for transfer requests not made in-person.


Speaker: Ken Otsuka is a Risk Manager in the Credit Union Protection Risk Management Department for CUNA Mutual Group. In this role, Ken assists credit unions in identifying areas of risk in their operations and recommends best practices to reduce loss exposure. He also provides training for credit union employees. 


Date 4/4/2013 9:00 AM to 10:00 AM
Your office
Your address
Your City, UT 84000
(801) 972-3400

Registration is currently not open for this event.