Links in “Social Media”

“Masque attacks” are the latest malware that uses vulnerabilities in the Apple mobile operating systems to steal personal information and send it to a remote server. The malware looks like popular apps like Facebook, Twitter, and Google Chrome and is installed when a user clicks on a link in an email, text message, or fake advertisement. [8/10/15]

CUNA has hired Douglas Kiker to serve as its chief strategic communications officer. Kiker, a former consultant in the strategic corporate communications field, will report directly to CEO Jim Nussle and will be responsible for developing and implementing media and other corporate communications. [6/30/15]

Borrowers who search such phrases as "student loan relief" are shown ads for potentially illegal schemes, such as websites that charge more than $500 in upfront fees. [6/24/15]

The CFPB has sent a letter to Google warning that debt-relief scammers may be targeting student borrowers through the company’s search engine when they search and use keywords, such as “student loan default.”  The CFPB sent similar letters to Bing, Facebook, and Yahoo. [6/23/15]

Social media has broken down the traditional barriers between credit union and members. It's a pretty neat tool, but can also be tricky to navigate with compliance. This article offers 5 guidelines to taking advantage of social media while staying in check. [6/12/15]

"Card cracking," a scam targeting the 19 to 25-year-old crowd, uses social media to invite consumers into making "easy money" online by allowing a third-party to make a fraudulent withdrawal, then reporting the card as lost or compromised. The action earns the consumer a few bucks and the label of accomplice. [5/19/15]

The NCUA is encouraging credit unions to aid in promoting financial literacy among their younger members. To that end, it is hosting a webinar entitled, “Your Mission in Action: Developing Youth Financial Literacy and Savings Programs” on April 22^nd at 2:00 P.M. EST. The 90-minute webinar is free to all attendees. [4/9/15]

$1 billion Max Credit Union is now living a social media nightmare after an employee allegedly posted a negative comment about a member on the credit union’s Facebook site generating some significant backlash.  An investigation is underway by the local sheriff’s department to determine whether the employee posted that the member had a negative account balance. [3/23/15]

An employee of an Alabama credit union allegedly posted on Facebook the names of a couple with a negative balance and uses the hashtags "perks of my new job" and "I know everyone's dirt." Firestorm ensues. Time for some social media training, anyone? [3/19/15]

With social media and online banking on the rise, NCUA's Rick Metsger explains the need to update field-of-membership regulations. An email address, FOMSuggestions@ncua.gov, has been created specifically for comments and suggestions regarding this topic. [3/18/15]