Dublin-based Patelco Credit Union, one of the largest credit unions in the Bay Area, says its banking system suffered a ransomware attack over the weekend. "Well, I have no access to my account, and it’s very inconvenient," said Alex, a Patelco customer in Santa Clara. Some customers of Patelco Credit Union say they’re frustrated after the banking institution suffered a ransomware attack on Saturday.
Professor Ahmed Banafa says most ransomware attacks occur when someone in the organization clicks on a corrupt link or file via email, giving hackers access to the system. He says hackers usually ask for payment in cryptocurrency to remove the encryption."Today they announced it was ransomware. A ransomware, technically speaking, where all the computers of an organization will be encrypted.
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