Bay Area Credit Union Struggles to Recover After Ransomware Attack

On June 29 Patelco Credit Union suffered a ransomware attack that forced shutdown of key systems—affecting online banking, mobile app, call center services and causing intermittent ATM outages—leaving customers (Patelco serves ~450,000 members and holds ~$9 billion in assets) unable to perform core transactions; the credit union is working with third-party cybersecurity experts to restore systems, has provided no ETA, and no threat actor has claimed responsibility though the report highlights the rising ransomware trend of data exfiltration and extortion.