Lax Oklahoma Credit Union Cybersecurity Led to Breach, Suit Says

Communication Federal Credit Union’s “reckless” cybersecurity practices led to a January data breach exposing the financial and personal information of thousands of current and former members, a proposed class action said.

The credit union failed to use standard practices such as installing anti-malware software, performing regular audits, and implementing multifactor authentication despite public statements touting its security measures to protect customer data from unauthorized access, according to a complaint filed Thursday in the US District Court for the Western District of Oklahoma.

Communication Federal, based in Oklahoma City, has more than 20 branches in Oklahoma and Kansas and currently serves ...