A data breach compromised information belonging to about 300 members of the Lenexa, Kan.-based Mainstreet Federal Credit Union, according to President/CEO John Beverlin.
Beverlin told CU Times Oct. 15 that hackers did not break into the credit union's systems and that the fraudsters likely purchased members' information somewhere online. Now the criminals are trying to capitalize on it, he said, and they've rung up more than $200,000 in fraudulent charges so far.
"Our systems were not hacked," Beverlin emphasized. "They're using data that they evidently received through a merchant breach. All the transactions, the monetary ones, are through some place in Shanghai, China."
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