picture of a child holding a sign that says march to help babies

Global Raises $8,485 During March of Dimes, March for Babies

The effort featured 39 walkers and ranked among the top three corporate teams.

Target Agrees to $39 Million Settlement in Data Breach Suit

If approved in federal court, the settlement would earmark $20 million for the credit unions and other financial institutions that joined the class action suit.

Visa to Contact Credit Unions Over Target Breach Settlement

Target has agreed to reimburse Visa card issuers up to $67 million for costs associated with their massive 2013 data breach.

Skimming — Not Just for Your Lattes Anymore

In the wake of ATM skimming cases affecting Oregon financial institutions, here are some important tips to help your team and your members avoid fraud.

Deadline Nears for Credit Unions to Join Class Action Suit Against Home Depot

Plaintiffs’ attorneys are looking for financial institution in each state to join the case, and are sending letters to some Northwest credit unions.

Fake IRS Phone Calls Defrauding Taxpayers of Millions

Phone scam surges during tax season, tops IRS list of “Dirty Dozen” tax scams for 2015.

Home Depot Breach Cost Northwest Credit Unions $3.2 Million: CUNA

In a new report, CUNA estimated that 7.2 million credit union debit and credit cards were affected nationally, at a cost to credit unions of nearly $60 million.

Compliance Center: “Shellshock” Vulnerability Threatens Credit Union Systems

FFIEC advice on the Shellshock vulnerability; Power of attorney filing question; and this week’s legal briefs.

WSECU Warns of Fraudulent Texts, Phone Calls; Microsoft Scrambles to Patch Internet Explorer

WSECU and the Washington state Attorney General’s Office are telling consumers this week that they should not respond to text messages and be wary of automated phone calls that claim their debit cards have been deactivated or suspended. Also: Microsoft is scrambling to patch a serious vulnerability in its Internet Explorer browser.

Credit Unions Issue an ‘All Clear’ on Heartbleed Bug, but Urge Members to ‘Change Your Passwords’

Northwest credit unions moved quickly last week to assure their members that their online and mobile banking services are — and have been — safe and secure. But they joined some of the Internet’s biggest players in urging website users to change their passwords.

Scammers Targeting Oregon Taxpayers with Threatening Payment Demands

A sophisticated phone scam is targeting Oregon taxpayers during this tax season, telling victims they owe money to the IRS or Oregon Department of Revenue and demanding immediate payment via debit card or wire transfer.

Umpqua Bank Files Class Action Lawsuit Against Target; Survey Asks Whether Retailer Should be Held Liable for Losses Incurred by Credit Unions and Banks

A new Portland Business Journal survey asks readers to weigh in on who should bear the financial responsibility for data-breach losses at Target and other retailers. The poll comes on the heels of a class action lawsuit filed by Umpqua Bank against the nationwide chain.

Update: Michaels Now Investigating Data Breach at its Stores Nationwide

Consumers still reeling from a massive data breach at Target stores and the theft of financial information from luxury department store Neiman Marcus got more bad news this week: Michaels Stores Inc, the nation’s largest arts-and-crafts retailer, now says that it, too, is investigating fraud on cards used at its outlets across the country.

Target Now Says 70 Million Customers Affected by Data Breach; Personal Information Also Stolen

Target now says that the personal information of more than 70 million customers was compromised at its stores during the busy holiday season, making the data breach one of the biggest thefts of its kind in U.S. history.

Update: CUNA Posts Online Survey to Gauge Financial Impact of Target Breach

CUNA posted an online survey today to collect information about the costs incurred by credit unions in response to the massive data breach at Target stores nationwide; Alabama State Employees Credit Union files class-action lawsuit; Target warns consumers about phishing emails.

Target Confirms Massive Data Breach; 40 Million Cards May Be Affected

Financial institutions and consumers are reeling this morning from news of a massive data breach at Target stores nationwide that could affect as many as 40 million credit and debit card accounts, making it potentially one of the largest retail breaches in U.S. history.

Hacked Grocery Chain Urging Customers to Pay By Cash or Check

Shoppers at Yoke’s Fresh Markets and Rosauers grocery stores in Oregon, Washington, Idaho and Montana are being urged this week to pay by cash or check while investigators try to secure a computer network that was hacked over the past two months.

Alert to Credit Unions: Be Vigilant Protecting Internet Systems

Credit unions must be on the alert in the wake of a massive cyber attack targeting the nation’s largest banks. A Middle Eastern group has claimed responsibility for the hacking, which blocked millions of customers from access to their online accounts for several hours.