Tri Counties Bank Providing Notice Of A Recent Data Privacy Event That May Have Affected Information Related To Certain Individuals; At This Time There Is No Evidence Of Any Identity Theft Or Fraud Occurring As The Result Of This Incident
Portfolio Pulse from Benzinga Newsdesk
Tri Counties Bank has reported a data privacy event that may have affected certain individuals' information. The bank detected suspicious activity on its network on February 7, 2023, and launched an investigation. The bank's account balances, transactions, and online banking credentials were not affected. However, an unauthorized actor may have accessed systems storing customer and employee data. The bank has notified affected individuals and is cooperating with federal law enforcement.
October 13, 2023 | 8:47 pm
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NEGATIVE IMPACT
Tri Counties Bank has experienced a data privacy event. While no financial or online banking data was compromised, customer and employee personal data may have been accessed. The bank is cooperating with law enforcement.
Data breaches can negatively impact a company's reputation and customer trust, potentially leading to customer attrition. While no financial data was compromised, the exposure of personal data is a serious issue. The bank's proactive response and cooperation with law enforcement may mitigate some of the potential negative impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100