Patelco Credit Union’s Ransomware Debacle: Members Left in Financial Limbo

Patelco Credit Union confirms a ransomware attack has disrupted services, leaving members unable to pay bills or access account information. CEO Erin Mendez assures members they will be reimbursed for any late fees incurred. While some services remain offline, ATM withdrawals and certain deposits are…

Hot Take:

Looks like Patelco Credit Union is having a “ransom” of a time trying to get back on track! It’s like a bad sequel to ‘Weekend at Bernie’s’ – everything’s offline, and the financial services are the lifeless body being dragged around.

Key Points:

  • Patelco Credit Union hit by ransomware, causing major service outages.
  • CEO Erin Mendez promises reimbursement for late fees incurred during the outage.
  • Majority of services remain offline or at limited capacity, including online banking and loan payments.
  • Branches offer limited support but can’t access balances or recent transactions.
  • No official word on data theft; no gang has claimed responsibility for the attack.

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