Patelco Credit Union ransomware attack shuts down banking services for nearly half a million members

Artificial intelligence may increase cyber threats in 2024 Cyber ​​security expert says advances in AI will increase cyber threats in 2024 04:23 Nearly half a million members of Patelco Credit Union, with branches throughout the Bay Area and Northern California, lost access to banking services after a ransomware attack over the weekend. The Dublin-based credit … Read more

Half a million Patelco customers locked out of credit union accounts due to security breach

DUBLIN – Half a million people on Monday were still locked out of their Patelco Credit Union accounts after a security breach on Saturday shut down banking operations with no clear solution in sight. Patelco President and CEO Erin Mendez on Saturday sent a system-wide email telling customers of a “serious security breach” that required … Read more

A fintech collapse is brewing in a small corner of the banking world

The collapse of fintech startup Synapse is roiling a small corner of the banking world, leaving thousands of customers without access to their money and a mystery surrounding the millions of dollars that went missing. Four small US banks have some of the money. No one is sure where the rest went. The saga surrounding … Read more