Credit Union Members Report Unauthorized Walmart.com Transactions
On March 4th, 2025, Redstone Federal Credit Union(REDFCU) reported cases of charges appearing on members' accounts originating from Walmart.com. REDFCU is the largest credit union within the State of Alabama and has over 650,000 members. REDFCU released a statement stating that Walmart.com had already identified the charges and were working with members to flag the charges deemed to be fraudulent and return the money to the affected members. No further information was provided by either Redstone Federal Credit Union or Walmart Inc on how the fraudulent charges originated which leads to indicate that it’s a sensitive situation. However, Info Sec Digest, discovered that a smaller credit union known as Citizen Equity First Credit Union had a similar issue with fraudulent charges from ‘Walmart.com’. Moreover, 25 News Now reports that CEFCU had called this incident a “sophisticated scheme” but did not elaborate further on what caused the incident to unfold. As news broke out for both credit unions there were large debates on both the Reddit subreddits of r/PeoriaIL and r/HuntsvilleAlabama. In both instances, some members notably put the blame on the credit unions while other reddit users argued that the incident originated from Walmart Inc.
What is Vishing and how to avoid being a victim of it.
As it is currently tax season in the United States now seems like a good time to cover a scam called Vishing a.k.a “Voice Phishing”. You might be wondering what exactly is Vishing, well, essentially Vishing is when scammers attempt to gather information for further social engineering attacks, or they attempt to scam the person they are calling into giving them money. These scams are unfortunately widespread and target people of all ages. For example, in Birmingham Alabama, there were news articles on people who were impersonating the local Birmingham police department. In this article, I will show you how these scammers operate, some red flags to look out for, and how you can avoid being a victim of a Vishing campaign. These scammers rely on two aspects when it comes to scamming people. First, the scammers will act on urgency in an attempt to get you, the victim, to give them money or sensitive information. One example of urgency is someone who is claiming to be calling from the IRS and telling you that you owe taxes and if you do not pay up you will unfortunately face severe consequences. Essentially, the scammer is trying to put fear into…