Posted On May 5, 2022 Consumer Privacy & Data Breaches
May 5, 2022 – Circle Federal Credit Union (“CFCU”) reported a data breach after the company was targeted in a recent cybersecurity attack. As a result of the breach, the names, CFCU account numbers, and Social Security numbers of certain individuals were compromised. The CFCU data breach is believed to have impacted as many as 5,592 account holders. On May 4, 2022, Circle Federal Credit Union sent out data breach letters to those individuals whose information was affected by the breach.
If you received a data breach notification, it is essential you understand what is at risk. The data breach lawyers at Console & Associates, P.C. are actively investigating the CFCU data breach on behalf of people whose information was exposed. As a part of this investigation, we are providing free consultations to anyone affected by the breach who is interested in learning more about the risks of identity theft, what they can do to protect themselves, and what their legal options may be to obtain compensation from Circle Federal Credit Union.
According to an official filed by the company on May 4, 2022, Circle Federal Credit Union learned the company was the target of a cybersecurity attack on February 16, 2022. In response, CFCU launched an investigation to learn more about the nature and scope of the incident. On March 7, 2022, CFCU confirmed that an unauthorized party was able to gain access to one of the company’s email accounts. As a result, the unauthorized party had access to sensitive files located on the CFCU network between January 27, 2022 and January 28, 2022.
Upon learning of the unauthorized access, CFCU then sought to identify whether any parties’ personal or financial information was contained in the affected files accessible through the compromised email account. While the breached information varies based on the individual, it may include your first and last name, mailing address, account numbers with CFCU, and Social Security number.
On May 4, 2022, CFCU issued data breach letters to those whose information was compromised in the breach and what steps they can take to protect themselves from identity theft and other frauds.
Circle Federal Credit Union is a financial institution based in New Buffalo, Michigan. CFCU was founded in the 1940s as Kawneer Credit Union and served only employees of the manufacturing company, Kawneer. Over the years, CFCU grew and opened up its services to anyone who lives, works, worships, goes to school or is part of an organization in the City of Niles, Niles Township or Cass County, Michigan. Today, Circle Federal Credit Union provides the standard suite of account options and loans and also offers insurance and investment products. CFCU has approximately 5,200 members and manages total assets of roughly $67 million.
