New Phishing Scam Using Microsoft Office 365

New York City-based Avanan’s cloud security researchers uncovered a new attack method, Punycode, against Microsoft’s Office 365 business email that goes undetected by default security and bypasses desktop email filters. The attack includes a phishing...

Credit Union Loan, Asset, Shares & Deposits Grow: NCUA

Federally insured credit unions experienced growth in nearly every area during the third quarter of 2016, according to state-level data released by the NCUA this week. Median loan growth in those credit unions was 3.9% during the year ending in the third quarter,...

Engaged CU Employees Run Check Fraud Scheme for Drugs

A couple engaged to be married were also allegedly engaged in a $374,000 fraudulent check scheme while they worked at two Wisconsin credit unions to support their mutual drug habit. Anna Chaberek, 32, of Waukesha, Wis., a former accounting specialist at the $26.8...