FoolProof, the Florida-based financial literacy and advocacyfirm which has 15 state leagues as clients, announced Thursday itis “moving quickly” to help credit unions and their members copewith this week’s Sony Corp. card security breach on its PlayStation products.

The firm said it is offering a fact sheet and a special Podcastfor CUs nationwide as both adult users and parents dealing withcompromised credit cards, email addresses and passwords for 77million customer accounts for the PlayStation network or Qriocitymusic service.

"This security breach in particular can cause quick damage toany credit union member who provided credit card and emailpassword information to the Sony Playstation Network,” said RemarSutton, FoolProof chairperson. “The criminals that stole thisinformation didn't steal it for fun. They plan to stealidentities, run up unauthorized charges on credit cards, andgenerally cause havoc for unwary consumers.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.