REV Federal Credit Union hosts Knockout Fraud event
CHARLESTON, SC (November 27, 2023) — REV Federal Credit Union teamed up with industry experts to host its second annual Knockout Fraud event. Knockout Fraud is a day-long awareness and prevention workshop that brings together seasoned professionals and renowned industry experts to tackle the pressing issues of Cybercrime, Risk management, Regulations, and Elder Fraud.
The attendee roster showcased an impressive lineup, featuring participants from both state and federal law enforcement branches, as well as representatives from financial institutions across the Carolinas. Senator Thomas C. Alexander, President of the South Carolina Senate, was also in attendance to introduce a resolution to recognize International Fraud Awareness Week and promote anti-fraud awareness and education.
“Fraud identification, mitigation, and response are essential pillars of a strong Risk Management program. To effectively detect and prevent fraud, it is crucial that fraud awareness and education become embedded in the culture of every institution,” stated Dean Wood, REV’s Vice President of Enterprise Risk Management. “Every individual within an organization carries the responsibility of fraud prevention, as it can affect all levels. Initiatives like Knockout Fraud play a crucial role in protecting our members and REV by promoting a united front against financial fraud. Collaboration should go beyond individual financial institutions and encompass the efforts of our industry as a whole.”
Events such as Knockout Fraud and International Fraud Week not only foster stronger connections within our community but also cultivate a community that is well-informed, vigilant, and united in its mission to knock out fraud. REV is committed to securing its members data, and events like this allow the Charleston based financial institution to further collaborate with peers across the industry to promote awareness.
About REV Federal Credit Union
At the heart of the REV brand is its mission of Growth with Purpose, which defines our core beliefs in how we prioritize our members, support the community, and remain dedicated to the principles of putting people over profit. With a proud military history dating back to 1955, REV offers competitive consumer and business banking products, services, and educational resources designed to enrich the communities we serve throughout the Carolinas. To learn more about REV and its work in building resilient communities, please visit REVfcu.com.
