Strauss Borrelli PLLC, a leading data breach law firm, is investigating Patelco Credit Union (“Patelco”) regarding its recent cybersecurity incident. The Patelco cybersecurity incident may have involved sensitive personal identifiable information belonging to over one million individuals.
ABOUT PATELCO CREDIT UNION:
Patelco is a full-service, not-for-profit financial cooperative based in California. Founded in 1936, Patelco offers a variety of financial products and services to individuals, including checking and savings accounts, credit cards, personal, home, and auto loans, financial advisory and estate planning services, and digital banking. With $9 billion in assets and over 450,000 members nationwide, Patelco is one of the largest credit unions in the nation.2 Headquartered in Dublin, California, Patelco has 37 local branches in California, more than 30,000 ATMs, and employs over 500 individuals.
WHAT HAPPENED?
Recently, Patelco discovered that it had experienced a cybersecurity incident in which an unauthorized third party gained access to portions of its information environment. On July 2, 2024, Patelco posted a notice of the breach on its website saying, “On June 29, 2024, Patelco Credit Union experienced a ransomware attack. Our priority is the safe and secure restoration of our banking systems. We continue to work alongside leading third-party cybersecurity experts in support of this effort. We have also been cooperating with regulators and law enforcement.”1 As of July 3, 2024, Patelco has not disclosed the specific nature of the cybersecurity incident or confirmed whether the incident resulted in a data breach.
If you believe that you have been impacted by the Patelco Credit Union cybersecurity incident:
We would like to speak with you about your rights and potential legal remedies in response to this data breach. Please fill out the form, below, or contact us at 872.263.1100 or sam@straussborrelli.com.
