The Alert Network is a communication
channel between all eFraud Prevention
members. If any single bank or credit union
experiences a case of Internet fraud, all
members can be notified immediately through
the eFraud Prevention™ Alert Network.
As an eFraud Prevention™ member, you will
have the power of the vast network of
organizations. Our plans are to create an
Alert Network that will span North America
and Europe. As more financial institutions
become eFraud Prevention™ members, the
effectiveness of the Alert Network
increases.
Benefits:
The
Alert Network benefits both large and small
banks and credit unions. This is especially
important since many small institutions are
becoming targets of online fraud. In
addition, the Alert Network works with both
banks and credit unions. Internet criminals
do not differentiate between the two and our
network is the only one where both types of
financial institutions help each other.
The speed of
our Alert Network will enable your bank of
credit union to be ready and informed before
fraudulent attacks spread.
Frequently
Asked Questions:
(Q) How is
the eFraud Prevention™ Alert Network
notified when there is a case of Internet
fraud?
(A) Your member portal has an online form
where you submit the details of the online
fraud. eFraud Prevention™ than publishes
that information on all our member sites
through their branded portals.
(Q) How
long does notification take?
(A) All eFraud Prevention™ members are
notified within hours of the emerging fraud. |