Credit unions have now joined the list of financial institutions being targeted by what an industry association calls a "patent troll." And it's apparently no phishing trip. They're real live lawsuits and they're reportedly being settled for real money in some cases.
The Credit Union Information Security Professionals Association (CUISPA) said a company called Wolf Run Hollow LLC is now including credit unions in the series of complaints it's filed in several states, charging infringement on its patent for a widely used piece of modern banking technology – message alerts.
The IT security trade group put out the following alert of its own this week:
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