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“Everything’s frozen”: Ransomware locks credit union users out of bank accounts


Patelco Credit Union in Calif. shut down numerous banking services after attack.

A California-based credit union with over 450,000 members said it suffered a ransomware attack that is disrupting account services and could take weeks to recover from. Change Healthcare, a health payment processing company hit by ransomware this year, told lawmakers that it paid a ransom of $22 million in bitcoin. Members who need to access funds from direct deposits can do so by writing a check, using an ATM card to get cash, or by making a purchase, Patelco said.

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Ransomware Locks Credit Union Users Out of Bank Accounts