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Board Brief

  • Password Manager Series (Part 3 of 5)

    Posted in Board Brief on Sep 20, 2023

    There are basically three types of Password Managers (PM).

    1. Browser: Chrome, Firefox & Safari all have a PM. When you log into a site, they ask you if you want to save your login information. If you say yes, it stores it for future use. You manage your login information via the browser.
    2. Platform: Your login information is tied to your universal platform (like Google, Facebook or Apple ID). Here you are using your login credentials from the platform to access a website of App.
    3. 3rd-Party: They connect to your browser and Apps via a “Plug in” or Application Program Interface (API) on your device ...

  • 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...