# Fraud — Blog — CONDUCTIV

***

## All tagged Fraud

[Gopal Swamy](/content/blog?author=5d237b937e73fe00011aa542/index.html)

[News](/content/blog/category/News/index.html)

It's important for banks and credit unions to safeguard their systems in order to prioritize customer data safety and trust. Have you heard about the fraud butterfly effect? According to [The Financial Brand](https://thefinancialbrand.com/news/data-analytics-banking/fraud-butterfly-effect-how-banks-can-reduce-new-account-fraud-164961/?smedia-lnk-ambsu), criminals used to just steal money after breaking into a banking account. Now, they’re grabbing everything they can, even people’s identities.

## It's that time of the year again!

### Next year's tech budget planning about to get underway?

### Download our free budgeting strategy guide.

[Download](https://cta-na2.hubspot.com/web-interactives/public/v1/track/click?encryptedPayload=AVxigLKP6kIsA1a%2Fv60w7g5BBPzJkc%2BFIMSZdkcbv85Ixkf9e8u%2FRnv%2FM%2FFBvdyJu%2B4YXegv%2FjBM6BciGiHfiUqpzDCkzIollVEcs6VfTM96037ySD0Sed5sxznXkdnr20wU5cM7MDreS6L65S5%2FGb4%2FK%2BY0foUZz1BHEvgXZKX%2BZofOLk4FeYnH0uF%2BjWK4cknJIMCmLxTnyYIPJOk3zkQHMNSeVoWOXWHvZZQXTMi2vY664qOxNJWwWlHs&portalId=243237346&webInteractiveId=716508786406&webInteractiveContentId=314121629411&containerType=MODAL&pageUrl=https%3A%2F%2Fconductiv.co%2Fblog%2Ftag%2FFraud)