Fiserv fixes weakness in Web platform

Krebs on Security expert Brian Krebs reports that Fiserv, Inc., a major provider of technology services to financial institutions, has recently closed the door on a security loophole that risked private information being exposed. He writes, “It fixed a glaring weakness in its Web platform that exposed personal and financial details of countless customers across hundreds […]

Krebs on Security expert Brian Krebs reports that Fiserv, Inc., a major provider of technology services to financial institutions, has recently closed the door on a security loophole that risked private information being exposed. He writes, “It fixed a glaring weakness in its Web platform that exposed personal and financial details of countless customers across hundreds of bank Web sites, KrebsOnSecurity has learned.

“Brookfield,  WI-based Fiserv is a Fortune 500 company with 24,000 employees and $5.7 billion in earnings last year. Its account and transaction processing systems power the Web sites for hundreds of financial institutions — mostly small community banks and credit unions.” Read the full article here.

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The League of Southeastern Credit Unions & Affiliates represents 342 credit unions in Alabama, Florida and Georgia, with a combined total of $118.63 billion in assets and more than 10.1 million members. LSCU & Affiliates provides legislative and regulatory advocacy; education and training; cooperative initiatives (including financial education outreach); public messaging; information services; and business solutions.

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