Mich. (News 10) – MSU Federal Credit Union has restored its website and online and mobile banking services after temporarily taking them offline Wednesday amid warnings of potential cybersecurity vulnerabilities affecting organizations in the United States and Europe
As of Thursday afternoon, the credit union had re-enabled online and mobile banking, but additional features will be restored in phases as officials continue to verify the security of its systems.
“MSUFCU has re-enabled online banking and mobile banking services for members. Additional features will continue to be restored in phases as systems are validated and confirmed secure,” the credit union said in an update Thursday. “I want to thank our members for their patience as we took the necessary time to thoroughly evaluate our systems and ensure they were safe and secure following this large-scale global outage.”
Officials acknowledged that the disruption lasted longer than anticipated, saying the credit union took its websites, mobile banking and ComputerLine services offline as a precaution while teams reviewed its systems.
“These actions were taken intentionally to ensure we can implement all recommended security updates, patches and protections before restoring service,” officials said.
MSUFCU said there is no indication that members’ personal information has been compromised. The credit union is continuing to implement security updates and verify its systems before restoring full digital access.
“The security of our members and their information remains our highest priority,” officials said. “We understand the inconvenience this has caused, but we believe taking the time to verify that systems are safe and secure before bringing them back online is the right thing to do.”
MSUFCU announced Wednesday on social media that it had temporarily taken its website and digital banking services offline to implement additional security updates in response to a website security issue affecting organizations worldwide.
An MSUFCU spokesperson confirmed to News 10 that the decision was connected to a warning from the FBI’s cyber division.
MSUFCU is among many companies and institutions to take such measures, as the Associated Press reported Wednesday an AI-assisted discovery of vulnerabilities in a widely used programming language led governments and other organizations in Europe and the U.S. to take their websites offline temporarily Wednesday as they scrambled to make security updates.
The FBI’s cyber division warned the vulnerabilities could allow malicious actors to remotely execute code in the programming language, PHP, which powers websites and web applications, according to the AP. That raised the risk of sensitive data and networks being compromised, said the agency, which recommended that operators take websites offline if they can’t update them immediately.
MSUFCU said it will continue providing updates as its digital banking services are reviewed and restored.
This is a developing story. Stay with News 10 Lansing for the latest updates as they become available on-air and online.
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