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
Season's greetings from playlists to cookies #NewsNow http://t.co/5gu8nrCoyL
8 minutes ago
Panelists decrypt payment trends for #creditunion leaders http://t.co/rXvI63w1sU
27 minutes ago
tax status preservation, reg relief among @CUNA successes in 113th Congress #NewsNow http://t.co/fWhzXoT5kK
40 minutes ago
16.9% of U.S. homeowners underwater, down from peak 31.4% in 2012, reports @zillow http://t.co/EbILqY1HMz
17 hours ago
Breaking at #NewsNow: President Obama signs IOLTA bill into law. http://t.co/5N741Bygmn
18 hours ago