Credit unions face huge liability risks for unauthorized withdrawals from deposit accounts if a cyber-criminal obtains access to a member's online security credentials. UCC Article 4A permits the credit union to shift liability to the commercial member in certain situations, while Reg E provides more protection for the consumer member. But the law imposes a duty on the credit union to use commercially-reasonable security procedures. This webinar will explain who is legally liable for various types of Internet fraud and what the credit union can do to guard against liability in both commercial and consumer situations.
Presenter: Elizabeth Fast, Spencer Fane Britt & Browne LLP
Who should attend: Branch Managers, Compliance Officers, IT Staff, Operations, Tellers and CEOs
Time: 2 p.m.-3:30 p.m.
Cost: $209 for live webinar only; $229 for live webinar, plus a web link and free CD-ROM
Registration deadline: Monday, July 8
Pairing conferencing capabilities with web technology, this session brings informative, interactive training directly to you. During the webinar, you'll view a real-time PowerPoint presentation on your computer while listening to the audio connection via telephone.
While credit unions are encouraged to use the webinar to train multiple individuals at once, the credit union will be charged for each computer connection that uses its login code. Participants will receive login instructions and handout materials via email prior to the webinar. In addition, registrants may also receive an archive CD-ROM after the live session.