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Patelco shuts down banking systems following ransomware attack (www.bleepingcomputer.com)

submitted 4 months ago by [email protected] to c/[email protected]

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Patelco Credit Union has disclosed it experienced a ransomware attack that led to the proactive shutdown of several of its customer-facing banking systems to contain the incident's impact.

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[–] [email protected] 2 points 4 months ago (1 children)

The firm has not commented on the possibility of customer data exposure yet, presumably because the investigation is still in its early phase.

[–] [email protected] 4 points 4 months ago (1 children)

No idea why someone would target a credit union. They're the good banks!

[–] [email protected] 3 points 4 months ago

I agree that they shouldn’t be targeted. I do fully understand why they were targeted. Many credit unions don’t have the tech or tech departments or internal training necessary to safeguard against these sort of attack vectors. A credit union I had in the early 2010s didn’t even offer online banking and I had online banking with a traditional bank for over a decade at that point.