Lisa Quaranta, vice president of regulatory advocacy for California’s Credit Unions, has been invited by Governor Gavin Newsom to serve as a member of the newly formed Countering Tech-Enabled Fraud Taskforce.

The taskforce is an initiative of the California Innovation Council, which was launched in late 2025 to cement California’s role as a leader in responsible technology policy. Quaranta will join a group of stakeholders from the financial services, social media, telecommunications, and technology sectors, alongside law enforcement and consumer advocates.

As tech-enabled fraud such as AI-driven scams and digital asset exploitation continue to evolve, the taskforce is charged with developing solutions to protect California businesses and consumers.

The invitation was extended on behalf of Newsom, Business and Consumer Services and Housing Agency Secretary Tomiquia Moss, and Department of Financial Protection and Innovation (DFPI) Commissioner KC Mohseni.

The group will focus on three pillars of anti-fraud strategy:

• Organizational best practices, including refining internal policies for businesses to stay ahead of scammers.
• Data sharing, including enhancement in how industry leaders collect and share fraud data to build a stronger collective defense.
• Victim support, including modernizing how the state and financial institutions support those targeted by fraud.

The appointment follows recent discussions within the DFPI’s Credit Union Advisory Committee that have highlighted the role credit unions play in the state’s financial stability and consumer protection landscape.

The taskforce is scheduled to launch on June 22 at the DFPI’s San Francisco office.