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Board Brief

  • What to do when affected by a Security Breach

    Posted in Board Brief on Aug 16, 2023

    On or about May 31, 2023, Progress Software reported to its clients of a significant security breach in their MOVEit Transfer software. MOVEit is used largely in the financial services industry (accounting, insurance, industry consultant companies, etc.) where Personal Identifiable Information (PII) is involved. In many cases, important PII was compromised including Name, SSN, DOB, Zip Code, State of Residence, Policy/Account Number, etc.

    As of this release, financial services companies who use MOVEit Transfer software are informing their customers of the breach. In most cases, they are offeri...

  • Password Manager Series (Part 2 of 5)

    Posted in Board Brief on Jul 19, 2023

    Password Managers (PM) are useful tools in several ways.

    • Convenience: They keep track of all the websites and Apps you use so each time you log in, you don’t need to remember your login and password or have to type them in.
    • Security: They mitigate the exposure to keystroke tracking malware that might be on your device. They also make it easier to periodically change your password, which adds a layer of security.
    • Best Practices: They offer random, strong, unique password generators which is extremely useful as you periodically change your password. This makes it difficult for hackers and scamm...

  • Password Manager Series (Part 1 of 5)

    Posted in Board Brief on Jun 21, 2023

    What are Password Managers (PM)?
    In short, they are an electronic “vault” holding your login & password for the websites you visit and the Apps you use.

    There are three components stored for every website or App requiring a login.

    1. The website address (URL) or Mobile/Tablet App.
    2. A login ID: a unique identifier that separates you from other users (usually but not always your email address).
    3. A password: a unique, strong sequence of alphanumeric and special characters (!@#$%^).

    The PM keeps track of all the websites and Apps you log into.

    The original benefit and application of a PM was to autom...

  • Scam Alert!

    Posted in Board Brief on Jun 08, 2023

    Please be aware that you may be contacted by a person or persons masquerading as a representative of the KTFCU. They will claim to be someone from the KTFCU. They will claim to be contacting you because fraudulent purchases have been made on your Debit or Credit Card.

    They will be asking for personal account information including the last ten digits of your Debit or Credit card.

    The caller ID may show that the call is coming from the KTFCU. Scammers can overlay their caller ID with any number they want (our KTFCU main number in this case-877-1630). The practice is called “Spoofing”.

    DO NOT GI...

  • Website Series:-New Features!-What's New

    Posted in Board Brief on May 17, 2023

    4th in the Series: WHAT’S NEW?

    What’s New? IS! It’s another way we inform you of what is going on here at your credit union. Click on the WHAT'S NEW? button from our KTFCU Home Page. We provide up-to-date information on the latest happenings like Loan Specials and KTFCU News. KTFCU News includes New Loan Products, Student Scholarship Programs and more.

    You also have access to the latest Newsletter and Board Briefs. If you missed earlier editions, they are archived there for you to find a back issue to see what you’ve missed.

    It’s always a good idea to check out “What’s New?” periodically to ge...