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CybersecuritySecurity NewswireCybersecurity News

Patelco announces ransomware attack

By Security Staff
Black keyboard with blue letters

Image via Unsplash

July 8, 2024

Patelco Credit Union announced that on June 29, 2024, the company faced a ransomware attack.

Hackers gained access to its systems, blocked access and then demanded a ransom payment to restore its systems and return stolen data.

As a result, many of Patelco's systems were shut down. The credit union's members have been locked out of electronic payments, direct deposits and transfers since the beginning of the attack. 

KEYWORDS: cyberattack financial crime financial security hacker ransomware

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