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South Carolina Credit Union Goes After Phishers

Friday, May 17, 2013 - 9:21 AM
Many financial institutions warn their customers that they do not ask for personal information over the phone, Email or text.  Nonetheless, sometimes people ignore that advice.  A credit union is taking action after several of their members revealed personal data during a phishing scam. 

From Credit Union Times:
A South Carolina credit union is taking what legal experts say is a rare legal approach to combat phishing by filing a civil lawsuit and winning a court order to serve subpoenas on Internet service providers and phone companies related to the case without waiting for a pretrial conference.

The $687 million AllSouth FCU in Columbia, S.C., filed a civil lawsuit last month in U.S. District Court for the District of South Carolina against unknown perpetrators that gained access to at least 125 members’ accounts, according to court documents.

According to court records, the fraudsters sent phishing text messages by obtaining a list of AT&T customer names with South Carolina’s (803) area code. Recipients were told their account had limited access or restricted access and were instructed to call a toll-free telephone number.

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