Posted On March 30, 2023 Consumer Privacy & Data Breaches
March 30, 2023 – Following the discovery that private client information entrusted to the bank had been compromised as a result of a cybersecurity incident, Central National Bank filed a notice of data breach with the Attorney General of Texas on March 28, 2023. According to the firm’s official report, the event led to illegal access to consumers’ names, Social Security numbers, driver’s license numbers, financial account information, addresses, and state ID numbers. After confirming that customer data had been compromised, CNB started notifying everyone who had been affected by the security breach.
In order to better prepare yourself for what is to come, we at Console & Associates, P.C. suggest anyone who has received a notification letter from Central National Bank to get in touch with our data breach lawyers. In order to further assist you in determining your next actions, learning what you can do to protect yourself, and determining whether you can pursue a data breach lawsuit against CNB for monetary compensation, we are providing complimentary consultations.
Central National Bank has four locations in Texas, including Austin, Waco, and Temple. The bank serves individual and corporate clients. Some services provided by CNB include credit cards, checking accounts, savings accounts, business loans, personal loans, merchant services, and mortgages. More than 72 individuals are employed by Central National Bank, which brings in about $12 million a year.
The Central National Bank security issue is an ongoing situation. According to the company’s filing with the Attorney General of Texas, CNB discovered that information kept on its computer system was illegally accessed by an unauthorized party. CNB opened an investigation into the incident in an effort to determine whether any client information was compromised as a result and learned that an unauthorized entity was able to access some of the data that clients had given to Central National Bank.
Central National Bank started to examine the affected files after learning that private customer information had been made available to an unauthorized party in order to ascertain what information had been compromised and whose customers were impacted. Your name, Social Security number, driver’s license number, financial account information, address, and state ID number could all have been compromised, albeit the exact information depends on the individual.
On March 28, 2023, Central National Bank sent letters to all individuals involved in the security leak to notify them of the breach.
If you received a letter from CNB about the breach, there is a possibility that your information may already be in the hands of criminals looking to commit identity theft or fraud.
The precautions you can take right away are listed below. This list is not exhaustive, so you might want to take additional action if the data breach revealed your financial details.
Businesses that have experienced a breach are required to notify all affected customers as well as the states where those customers reside. Read the data that CNB has provided very carefully. Data breach letters frequently include important details regarding the breach, including how the hackers got access to the computer network, the steps the business is doing to protect patient security in the future, and whether any victims of the attack have reported fraud or identity theft.
It’s wise to keep a tight eye on your accounts at all times. Keep an eye on your credit history and financial accounts for any unusual behavior, and report it right away if it’s found.
You should take the time to safeguard all of your internet accounts, even if your financial information was not exposed. All of your accounts’ passwords should be updated. Sometimes a hacker will search other accounts for your information if they don’t already have it to perpetrate fraud or identity theft. Use multi-authorization security if it is offered.
The major credit bureaus provide free services like credit freezes and fraud warnings. Anybody attempting to check your credit without your permission is prohibited by a credit freeze. For other businesses, a fraud alert is like a warning sign. Any organization that does a credit check on you will be informed that your information has been hacked and you could be a victim of fraud or identity theft.
The consumer privacy lawyers at Console & Associates, P.C. help customers affected by data and security breaches pursue legal solutions by offering free consultations. By explaining your rights in clear, concise terms, we help you make an informed decision about your next steps. If you are a victim of the Central National Bank data breach, Console & Associates, P.C. will investigate at no charge to you and offer advice on how to proceed. If you decide to pursue a case, rest assured that we don’t get paid unless you do. If your claim is successful, legal fees are either paid out of the funds recovered or by the defendant. If your claim is not successful, you pay nothing.