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CU System
Heartland breach costing CUs a bundle
MADISON, Wis. (2/6/09)--The Heartland Payment Systems data breach, announced Jan. 20, is costing credit unions anywhere from thousands to hundreds of thousands of dollars. Public Service CU is reissuing about 25,000 cards, President/CEO David Maus told local media. Replacing the cards will cost the credit union $100,000. The cost is high, but the credit union wanted to protect its members, Maus told the Loveland Connection (Feb. 5). A student at the University of Wisconsin-Oshkosh reported to campus media that her account at the University of Wisconsin-Oshkosh CU was drained to $6 (The Advance-Titan Feb. 5). The student’s money was allegedly spent by a thief in Houston, the newspaper said. North Carolina State Employees’ CU, Raleigh, N.C., reported that about 50,000 of its 1.5 million members have been affected by the breach. The credit union is sending its members new cards and personal identification numbers (FayObserver.com Jan. 29). Fort Bragg FCU, Fayettebille, N.C., also is notifying affected members of the breach, but has not yet seen any fraudulent transactions. About 200 of the credit union’s members were affected, President David Elliot told the Observer. Other credit unions affected by the breach:
* Warren FCU, Cheyenne, Wyo., which reported to WyomingNews.com (Feb. 2) that 1,400 of its members were affected; however, no fraud has been reported; * CU Community CU, Springfield, Mo., which sustained $11,000 in fraudulent charges on members’ accounts (Bankinfosecurity.com Feb. 5); * HealthFirst FCU, Waterville, Maine, which reported that its members’ cards were compromised. About 130 members with Visa cards found money taken from their accounts, and 38 members with MasterCard credit cards were affected (Bankinfosecurity.com Feb. 5); * Spokane (Wash.) Media FCU, which reported that half of its membership’s 650 cards were compromised (Seattle Times Jan. 25); and * O Bee CU, Tumwater, Wash., which is reissuing cards at $10 per card. The credit union doesn’t know what the final cost will be, credit union President Bruce Cramer told the Seattle Times (Jan. 25).
The Washington Credit Union League has been in touch with its member credit unions, and some confirmed that they have blocked and reissued cards, David Bennett, Washington league director of public relations, told The Tacoma News-Tribune (Jan. 25).
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