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

A financial industry rebel reinventing the way credit unions think through a combination of craft banking

and its guiding mission Growth with Purpose. REV energizes its communities to embrace living and

banking holistically while keeping philanthropy at the forefront. By zeroing in on a digital-first mindset, it

showcases an empowering banking experience that both inspires members to go after their financial

goals and want to #UpTheGood at the same time.