Massive data breach at federal credit union exposes 240K members
SRP Federal Credit Union had a major data breach impacting more than 240,000 people.
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. I discuss the details of the data breach, its impact on people and what you need to do to stay safe.
What you need to know
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.