“Everything’s frozen”: Ransomware locks credit union users out of bank accounts

Industry news
Post Reply
rbc
President
Posts: 285
Joined: Mon Oct 30, 2023 1:32 am
Location: Vicksburg, MS
ISC2 Member Status: Yes
Contact:

“Everything’s frozen”: Ransomware locks credit union users out of bank accounts

Post by rbc »

A California-based credit union with over 450,000 members said it suffered a ransomware attack that is disrupting account services and could take weeks to recover from.

"The next few days—and coming weeks—may present challenges for our members, as we continue to navigate around the limited functionality we are experiencing due to this incident," Patelco Credit Union CEO Erin Mendez told members in a July 1 message that said the security problem was caused by a ransomware attack. Online banking and several other services are unavailable, while several other services and types of transactions have limited functionality.
[...]
“Everything’s frozen”: Ransomware locks credit union users out of bank accounts
Robert B. Carleton + ISC2 Central Mississippi President
Post Reply