A two-month long cyberattack on SRP Federal Credit Union resulted in a major data breach exposing the personal and financial information of over 240,000 individuals. Details of the breach, its impact, and steps to protect yourself are discussed.
SRP Federal Credit Union, a South Carolina-based financial institution, had a major data breach impacting more than 240,000 people. The credit union handles highly sensitive information of hundreds of thousands of Americans, which is now in the hands of cybercriminals. SRP revealed in a notice that the data breach was part of a two-month attack by hackers, raising concerns about how it took the company so long to detect unauthorized entry into its systems.
SRP Federal Credit Union has reported a data breach that exposed the personal information of more than 240,000 individuals, according to documents filed Friday with regulators in Maine and Texas. The company said it discovered suspicious activity on its network and notified law enforcement. An investigation determined that hackers accessed the credit union’s systems between Sept. 5 and Nov. 4, potentially acquiring sensitive files. The investigation concluded on Nov. 22, the company said. SRP did not specify the exact details exposed in its notice to Maine regulators, saying only that names and government-issued identification were affected in the cyberattack. However, in a filing with Texas regulators, the company said names, Social Security numbers, driver’s license numbers, dates of birth and financial information, including account numbers and credit or debit card numbers, were compromised. SRP said the breach did not affect its online banking or core processing systems. The ransomware group Nitrogen claimed responsibility last week, alleging it had stolen 650 GB of customer data, according to The Record. SRP has not disclosed who was behind the attack or the attackers' motives
Data Breach SRP Federal Credit Union Cyberattack Ransomware Cybersecurity
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