Posted On September 11, 2023 Consumer Privacy & Data Breaches
September 11 – The Community Trust Bank, Inc. (“CTBI”) data breach lawyers at Console & Associates, P.C are investigating the data breach that was reported after the company was targeted in a recent cyber security attack. The Community Trust Bank data breach resulted in the sensitive information of certain individuals being compromised. It is believed to have impacted as many as 99,000 individuals.
According to the Attorney General of Maine, Community Trust Bank reported a data breach after they were targeted in a recent cyber security attack. One of the service providers used by CTBI informed the bank of a security vulnerability in the MOVEit file-transfer application that the vendor used. This vulnerability was exploited by an unauthorized party, which gave them access to confidential information that was provided to CTBI and then which CTBI provided to its service provider. CTBI’s vendor launched an investigation and on July 24, 2023, the vendor’s investigation confirmed that an unauthorized party was able to access the personal information of certain CTBI customers through the provider’s network between May 29, 2023 and May 30, 2023. CTBI’s vendor then notified CTBI on August 9, 2023. On September 8, 2023, Community Trust Bank sent out data breach letters to those individuals whose information was affected by the breach.
Community Trust Bank, Inc. is a financial institution based out of Pikeville, Kentucky that provides customers with the standard financial products offered at banks, including checking and savings, accounts, loans and mortgages, wealth management and investment services, and business banking services. CTBI operates over 70 branches in Tennessee, Kentucky and West Virginia.
Our data breach lawyers are eager to speak to victims of the Community Trust Bank data breach to determine what damages they sustained and what compensation may be available to them. If you recently received a NOTICE OF DATA BREACH from Community Trust Bank and would like a free consultation, contact the Console & Associates, P.C. law firm at (866) 778-5500 to discuss your legal options, or submit a confidential contact form.
