LSCU COOP / Communication & Press Room / News Feed / Top Stories / October is Cyber Security Awareness Month

October is Cyber Security Awareness Month

As October is Cyber Security Awareness Month, NCUA Board Chairman Debbie Matz reminds credit unions about the importance of fighting cybercrime and protecting online the personal and financial information of their members.

“Credit unions should make cyber security an important part of their financial literacy efforts in October and all year long,” said Matz. “NCUA has a number of resources available on our consumer website,, and our financial literacy microsite, Pocket Cents, to help credit unions begin these conversations with their members.”

Throughout October, NCUA will highlight ways credit union members can protect their personal and financial information on its consumer Twitter feed, @MyCUgov, as well as in the upcoming October issue of the NCUA Report. The agency will also regularly post tips and best practices on NCUA’s Facebook and Twitter pages that credit unions can use to make their electronic information systems and online engagements more secure.

Cybercrime is a growing concern for financial institutions and consumers alike. The Federal Bureau of Investigations’ Internet Crime Complaint Center received 289,874 consumer complaints of internet fraud and other cybercrimes in 2012. These crimes resulted in an estimated adjusted dollar loss of approximately $525 million.

For more information on Cyber Security Awareness Month, visit click here.