Lori Cairns of Technology Credit Union joins Guardian Analytics executive to discuss how credit unions can combat online banking fraud
Austin, TX (Jan. 26, 2011) — Guardian Analytics, the innovator in predictive analytics-based fraud prevention software, today announced that Eric LaBadie, vice president of sales and client services, is speaking today at the Credit Union IT Risk Management & Security Summit . Joining LaBadie in the presentation, “Safeguarding Financial Institutions Against the New Generation of Online Fraud,” will be Lori Cairns, vice president, fraud management at Technology Credit Union.
Together, LaBadie and Cairns will discuss the wide array of existing and emerging threats credit unions are experiencing today, including the most sophisticated forms of Man-In-the-Browser attacks. The session will include anecdotes of real-life fraud attempts against institutions, including what fraudsters did while they accessed online banking accounts to attempt fraudulent transactions. As part of the session, Cairns will share how Technology Credit Union is successfully mitigating fraud and protecting its members’ funds using a combination of security methods, including using behavioral analytics at the individual member level to identify fraudulent activity.
The Credit Union IT Risk Management & Security Summit, which takes place in Austin, Texas this week, is held by the Credit Union Information Security Professionals Association (CUISPA), a national organization of credit union IT security and risk management professionals.
Details for the presentation are as follows:
Who: Guardian Analytics vice president of sales and client services, Eric LaBadie; Technology Credit Union vice president of fraud management, Lori Cairns
What: “Safeguarding FIs Against the New-Generation of Online Fraud”
Where: CUISPA’s Credit Union IT Risk Management & Security Summit, Hilton, Austin, Texas
When: Wednesday, Jan. 26 at 1:30-2:30 p.m. CST
ABOUT GUARDIAN ANALYTICS
Headquartered in Los Altos, Calif., Guardian Analytics is focused on the prevention of online account fraud. The company’s risk management approach to fraud detection, forensics and risk monitoring is built on strong analytics and predictive models of individual behavior. Over 30 institutions rely on Guardian Analytics to protect individual account assets and the integrity of their online channels. Founded in 2005, Guardian Analytics is privately held with venture funding from Foundation Capital and Sutter Hill Ventures. For more information, please visit www.guardiananalytics.com.
ABOUT TECHNOLOGY CREDIT UNIONFounded in 1960 by the employees of Fairchild Camera and Instrument Semiconductor Division, Technology Credit Union has served the high tech workforce in Silicon Valley for 50 years. Today, Tech CU has extended its membership benefits to small businesses and individuals who live and work in the greater Bay Area. The credit union is recognized as one of the best-managed and strongest financial institutions in the country. Tech CU’s 74,000 members have access to 60,000 surcharge-free ATMs nationwide, online and mobile banking, 9 full-service branches in the Bay Area, and comprehensive wealth management and small business services.
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