Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
ATM hack attack at former CU spreads
BEDFORD, Texas (3/18/08)--An ATM hack attack at Omni-American Bank (formerly Omni-American CU) has spread, affecting members at other financial institutions, including credit unions. Fort Worth Community CU members who used their debit cards at ATMs owned by OmniAmerican Bank reported unusual activity on their accounts to the credit union, Diane Dorsey, vice president of operations at Fort Worth Community CU told News Now. When Fort Worth Community CU first received the reports of suspicious activity, it reissued members new cards. It also checked the unusual activity for common denominators and found that the affected members had used OmniAmerican ATMs. “It was not a breach of our system,” Dorsey emphasized. About 50 members of Forth Worth Community CU reported suspicious activity. “The effects were really quite limited,” Dorsey said. Omni-American Bank ATMs had stored card data “that they were not supposed to,” Dorsey said, so when the data system was hacked into, the hackers were able to use cardholders’ information to make purchases. OmniAmerican replaced about 40,000 cards, Dorsey added. The ATM hacking also spread to Naval Air Station Fort Worth--whose victims had accounts at Bank of America, USAA and Navy FCU in Vienna, Va. (Fort Worth Star-Telegram (March 15).
Other Resources

RSS print
News Now LiveWire
.@CUNA VP of Econ MIke Schenk featured in Money magazine http://t.co/SC6Shv0lDH
15 hours ago
#NewsNow: @CFPB develops tools for student loan debt relief. http://t.co/a6pOReC86F
15 hours ago
Stephanie Smith has been named as the new executive director of America's #CreditUnion Museum. (2 of 2)
16 hours ago
America's #CreditUnion Museum executive director Peggy Powell is stepping down after 15 years. (1 of 2)
16 hours ago
#NewsNow League presidents raise voices for data breach protection http://t.co/zX1UsvsQP6
18 hours ago