'Emerging Risks Outlook' Launched on Seven Emerging Topics

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CUNA Mutual Group has announced a new valuable resource for credit unions — the Emerging Risks Outlook, which addresses seven emerging risk topics (overdraft/NSF fee litigation, ransomware, defective post-repossession notices, ATM smash-and-grabs, Zelle/P2P fraud, slips, trips and falls, and wire fraud/business email compromise).

Keeping ahead of the complex array of ever-changing risks, litigation trends, and compliance issues that are impacting credit unions requires keen awareness, effective preparation, and loss control scrutiny. When risk management is effective, typically nothing bad happens. But if a credit union is blindsided by a problem, its reputation takes the hit. Don’t let not knowing which emerging risks are around the corner take the blame!

While each credit union has its own unique risk footprint, this Emerging Risks Outlook introduces risks and trends that most likely should be on your radar. It provides:

  • Short risk descriptions.
  • Key questions to consider.
  • Relevant, straight forward responses.
  • Links to related resources (RISK Alerts, Risk Overviews, On-Demand Webinars); user ID and password required.

Each risk addressed under CMG's Emerging Risks Outlook also allows visitors to submit questions/feedback to risk consultants. 

Credit unions are encouraged to access this relevant new tool to help learn about and mitigate today's critical emerging risks!

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