Credit Union Customers Exposed

A cyberattack has reportedly exposed 240,000 customers at SRP Federal Credit Union, one of South Carolina’s largest credit unions with over $1.6 billion in assets as of 2022. The institution filed breach notifications with regulators in Maine and Texas on December 13, according to The Record.

An investigation by law enforcement revealed that hackers accessed the credit union’s internal systems multiple times between September 5 and November 4, 2024. SRP stated that the hackers “potentially acquired certain files from our network during that time.”

Although SRP has not specified the exact information that was stolen, The Record reports that the credit union informed Texas regulators that compromised data may include Social Security numbers, driver’s license numbers, dates of birth, and financial details such as account numbers and credit or debit card information.

Cybersecurity firm Hackmanac has indicated that a known ransomware group called Nitrogen has claimed responsibility for the breach, asserting that they exfiltrated 650 GB of sensitive customer data, which includes full names, SSNs, dates of birth, addresses, account numbers, and credit ratings.

SRP Credit Union Hack

SRP Credit Union Hack

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Here are three tips to help secure yourself after being notified of a security breach:

  1. Change Passwords Immediately: Update your passwords for all accounts, especially those associated with the breached organization. Use strong, unique passwords for each account and consider using a password manager to keep track of them. Enable two-factor authentication (2FA) wherever possible for an added layer of security.
  2. Monitor Financial Accounts: Keep a close eye on your bank and credit card statements for any unauthorized transactions. Report any suspicious activity to your financial institution immediately. Consider setting up alerts for transactions to stay informed of any changes in real time.
  3. Place a Fraud Alert or Credit Freeze: Contact one of the major credit bureaus (Experian, TransUnion, or Equifax) to place a fraud alert on your credit report. This makes it harder for identity thieves to open accounts in your name. Alternatively, consider freezing your credit, which restricts access to your credit report and can prevent new accounts from being opened.

Taking these proactive steps can help mitigate potential risks and protect your personal information.

SRP Credit Union Hack

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