FoolProof, the Florida-based financial literacy and advocacy firm which has 15 state leagues as clients, announced Thursday it is “moving quickly” to help credit unions and their members cope with this week’s Sony Corp. card security breach on its PlayStation products.
The firm said it is offering a fact sheet and a special Podcast for CUs nationwide as both adult users and parents dealing with compromised credit cards, email addresses and passwords for 77 million customer accounts for the PlayStation network or Qriocity music service.
"This security breach in particular can cause quick damage to any credit union member who provided credit card and email password information to the Sony Playstation Network,” said Remar Sutton, FoolProof chairperson. “The criminals that stole this information didn't steal it for fun. They plan to steal identities, run up unauthorized charges on credit cards, and generally cause havoc for unwary consumers.
Parents, said FoolProof, use PlayStations to watch Netflix movies, while youngsters “use PlayStations to order games and both uses require credit cards, email addresses and passwords with all of that highly sensitive information stolen.”
FoolProof said the fact sheet and podcast highlight what happened, “why this security breach is particularly dangerous, and what consumers can do to protect themselves, if they have accounts on the Sony PlayStation network.”
The fact sheet and podcast can be downloaded for free by any credit union by going to www.foolproofnational.com.