#PatelcoCreditUnion

Patelco Credit Union Scrambling to Restore Systems Following Ransomware Attack

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July 3, 2024 at 08:41AM Patelco Credit Union, serving 500,000 customers, faced a ransomware attack, impacting its online banking, mobile app, and call center. Electronic transactions are unavailable and restoration efforts are ongoing. Patelco emphasized secure system restoration, cooperation with cybersecurity experts, regulators, and law enforcement. Customer reimbursement for late payment fees is assured. Based … Read more

Patelco shuts down banking systems following ransomware attack

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July 2, 2024 at 01:51PM Patelco Credit Union, with assets exceeding $9 billion and serving over 400,000 members, disclosed a ransomware attack, resulting in the shutdown of customer-facing banking systems. Services impacted include online banking, transactions, and call center support. Recovery efforts are ongoing, with no definitive timeline provided. Clients are urged to stay vigilant … Read more