Patelco notifies 726000 customers of ransomware data breach

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yearppThough the organization did not name the attackers the RansomHub gang claimed responsibility on August 15 2024 when they published all of the stolen data on their extortion portalppPatelco is an American notforprofit credit union that provides financial services including checking and savings accounts loans credit cards insurance plans and investments with assets exceeding 9 billionppLast month the company disclosed it suffered a ransomware attack on June 29 2024 that forced it to shut down customerfacing banking systems to contain the damage and protect peoples datappThe system outage lasted for approximately two weeks while the organization restored most of the functionality of its IT systemsppAt the time the incident was disclosed Patelco had not determined if data had been compromised in the attack but the investigation revealed that the threat actors stole customer datappThe investigation revealed that an unauthorized party gained access to our network on May 23 2024 leading to access to the databases on June 29 2024 reads Patelcos data breach notificationppFollowing the investigation and a thorough review of the data involved we confirmed on August 14 2024 that the accessed databases contained your personal informationppThe information that was exposed to cybercriminals varies per individual and may includeppThis matches what RansomHub leaked on its extortion portal on the dark web where the cybercriminals claim that they have failed to reach an agreement with Patelco after two weeks of alleged negotiationsppAccording to a listing on Maines Attorney General Office website the incident impacted 726000 Patelco customersppRecipients of the data breach notices will find instructions on enrolling in a complimentary twoyear coverage of identity protection and credit monitoring services through Experian The enrollment deadline was set to November 19 2024ppPatelco has also placed a warning banner on its websites homepage advising members that its team will never contact them directly to request their card details including their PIN expiration date or CVV codeppThe risk of phishing social engineering and scams is elevated for exposed individuals who are now advised to remain vigilant against unsolicited communications and malicious attemptsppBologna FC confirms data breach after RansomHub ransomware attackppCasio confirms customer data stolen in a ransomware attackppFord rejects breach allegations says customer data not impactedppHalliburton reports 35 million loss after ransomware attackppTech giant Nidec confirms data breach following ransomware attackppAnother one Keep paying the ransom because you have ransomware insurance and the increase in premiums will be passed onto customers and stakeholders without any significant security upgrades Thats how its done these days when CEOs arent held criminally liable for these breaches ppOr at least being criminally liable for paying criminals The scenario would be much less chaotic if multimilion enterprise refused to endorse criminals by giving them money for their efforts
No CEO wants to bite the bullet and government is totally OK with it The cycle continuesppYeah but they didnt pay the ransom so im not sure I understand your point here RansomHub was clearly annoyed and tried to frame as if Patelco didnt care about their customers because they wouldnt pay the ransom LolppNot a member yet Register NowppNew Windows Server 2012 zeroday gets free unofficial patchesppNew Rockstar 2FA phishing service targets Microsoft 365 accountsppSpyLoan Android malware on Google play installed 8 million timesppThe Actual Cost of Forgotten PasswordsppSolving the painful password problem with better policiesppHow to leverage 200 million FCC program boosting K12 cybersecurityppWhy Cybersecurity Leaders Trust the MITRE ATTCK EvaluationsppCynet delivers 426 ROI in Forrester Total Economic Impact StudyppTerms of Use Privacy Policy Ethics Statement Affiliate DisclosureppCopyright 2003 2024 Bleeping Computer LLC All Rights ReservedppNot a member yet Register NowppRead our posting guidelinese to learn what content is prohibitedp