North Alabama Educators Credit Union

6 NOT FOR PROFIT, NOT FOR CHARITY, BUT FOR SERVICE NAECU.ORG IN FALL 2013, a data breach at Target Corporation jeopardized the information of 40 million consumers. Retailer Neiman Marcus and hotel management company White Lodging also experienced customer data the last year. Data breaches are infrequent, but incidents across all industries increased 30% from 2012 to 2013, according to the Identity The Resource Center (ITRC). Last year, business sector breaches accounted for nearly 34% of the all-industries total of 619 incidences, with hackers committing the most offenses, ITRC data shows. Cybercriminals may use the information to make fraudulent charges and commit other crimes. STAND UP FOR SHOPPING SECURITY These tips can reduce the risk of your information being caught in a compromising situation and limit headaches if it is: → SIGN UP FOR MOBILE BANKING, which will allow you to check your accounts o en for suspicious activity. → FORM A FINANCIAL BACKUP PLAN to ensure your family is able to pay for essential goods and services if your data is compromised and your credit and debit cards are temporarily unavailable. → ONLY MAKE ONLINE PURCHASES from a secure Internet connection. Cybershop with Visa gi cards to keep your data off the Web. → PAY RECURRING BILLS via automated clearing house rather than your debit card to avoid the hassle of setting up payments with a new card if the old one is compromised. → USE YOUR CREDIT CARD for purchases as much as possible. Avoid entering your personal identification number when using your debit card. Immediately report any dubious transactions or suspicions of compromised data to North Alabama Educators Credit Union. The sooner we know about potential fraud, the quicker we can act to protect your assets. When it comes to managing data breaches, your credit union has your back. Monitor your accounts using NAECU's free CU-Online Home Banking, Mobile Money, and MemberLink Audio Response services. STOP BY A BRANCH TO LEARN MORE OR VISIT NAECU.ORG. The Burden of Breaches By mid-February 2014, U.S. credit unions spent more than $30 million managing the effects of last fall's Target Corporation data breach—without factoring in fraud charges, according to the Credit Union National Association (CUNA). Reissuing 4.6 million credit and debit cards to affected members cost credit unions an average of $5.68 per card. Alabama credit unions reported more than $400,000 in costs to CUNA by late January. Consumer protections can mitigate the financial consequences of breaches for shoppers, but credit unions must expend time and money identifying and replacing affected cards, as well as absorbing and repaying members' losses. Credit unions are not-for- profit entities that pass along earnings to members, so when a credit union takes a financial hit from a breach, the people it serves may feel the effects, too. PricelŒ„ Peac of Min Never worry about being held responsible for fraudulent charges to your NAECU accounts— WE DO NOT charge our members a fraud liability fee. DO YOU KNOW HOW TO KEEP YOUR CREDIT AND DEBIT CARD INFORMATION SECURE AND WHAT TO DO IF IT'S COMPROMISED? i… ' Digita‰ Worl FRAUD P R E V E N T I O N

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