Eastman Credit Union (ECU), a credit union headquartered in Tennessee, has released a security alert on its website regarding potential card fraud.

The firm said that the alert has been triggered by the rise in card fraud level related to card skimmers at local gas pumps.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

The skimmers gather data on a card when it is used at the pump, ECU stated.

As a consequence, ECU has asked its members to check their accounts for suspicious transactions.

At present, the credit union is working alongside local authorities to address the issue.

However, it also stressed on the fact that no evidence of systems or ATMs being compromised was found.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“If you believe you may have been affected, use the ECU Card Control feature found in the Mobile App to temporarily block the use of your cards, or you may call (423) 229-8200 and choose option 4 to block your cards. Rest assured, ECU members are protected from any fraudulent charges related to this type of malicious criminal activity,” ECU said in a statement.

Card fraud has become a major problem for banks and financial organisations. As more consumers switch to digital banking solutions, banks are having to implement security solutions that can protect customer data.