Incident Details
Approximately 60 credit unions are facing disruptions as a result of a ransomware incident involving a popular technology vendor. The National Credit Union Administration (NCUA) representative Joseph Adamoli mentioned that the ransomware attack was directed at the cloud services provider known as Ongoing Operations, which is a subsidiary of the credit union technology company Trellance.
Incident
How Did the Breach Happen?
A cybersecurity breach occurred when a ransomware attack was launched against Ongoing Operations, a cloud services provider that is a subsidiary of Trellance, a credit union technology company.
What Data has been Compromised?
The details regarding the breached data were not disclosed in the information available.
Why Did the company's Security Measures Fail?
The information provided does not specify the cause of the security measures' failure in the company.
What Immediate Impact Did the Breach Have on the company?
Around 60 credit unions experienced service disruptions due to the breach occurring within the technology provider they depend on for their operations.
How could this have been prevented?
There is no information available on the preventive actions for this security breach.
What have we learned from this data breach?
The information provided does not include any reference to the insights gained from the data breach.
Summary of Coverage
Around 60 credit unions experienced service disruptions as a result of a ransomware attack on a widely-used technology provider they depended on. The cyberattack was directed at Ongoing Operations, a cloud services provider under the ownership of Trellance, a technology company serving credit unions.