Posted On September 25, 2023 Consumer Privacy & Data Breaches
September 25 – The Financial Institution Service Corporation 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 Financial Institution Service Corporation data breach resulted in the names, addresses, dates of birth, Social Security numbers, driver’s license numbers, other government-issued identification numbers, financial account information, telephone numbers, and credit and/or debit card numbers of certain individuals being compromised. It is believed to have impacted as many as 753,000 individuals.
According to the Attorney General of Maine, Financial Institution Service Corporation reported a data breach after they were targeted in a recent cyber security attack. FISC provides data processing and services to financial institutions. In the normal course of business, FISC relies on the MOVEit file-transfer software which is a product of Progress Software.
On May 31, 2023, Progress made public announcements about a vulnerability within MOVEit.
Once FISC learned of the MOVEit vulnerability, the company installed all available patches and took all steps to mitigate any threat of unauthorized access. FISC also launched an investigation and confirmed that hackers exploited the MOVEit vulnerability between May 30, 2023 and May 31, 2023, removing certain data from FISC’s MOVEit server. It was later determined that some of the data consisted of confidential consumer information provided to FISC by some of the financial institutions that rely on FISC’s services. FISC notes that the incident affected the following financial institutions:
Hodge Bank & Trust Co.,
American Bank, Inc.,
First National Bank in DeRidder,
Lakeside Bank,
Jackson Parish Bank,
Heritage Bank of St Tammany,
Concordia Bank & Trust Company,
First Liberty Bank,
Farmers State Bank & Trust Company,
The Cottonport Bank,
Citizens Bank & Trust Co.,
RiverHills Bank,
Gibsland Bank & Trust,
Sabine State Bank,
Anthem Bank & Trust,
Delta Bank,
Louisiana National Bank,
Vermilion Bank,
Security State Bank of Oklahoma,
Winnsboro State Bank & Trust Company,
Bank of Moundville,
Merchants & Planters Bank,
American Bank & Trust Company,
Bank of Oak Ridge,
Resource Bank,
Bank of Winnfield and Trust Company,
Homeland Bank,
Crescent Bank,
Marion State Bank,
Plaquemine Bank and Trust Co.,
Peoples Bank,
City Bank and Trust Company,
Washington State Bank,
Metairie Bank,
Jonesboro State Bank,
Caldwell Bank and Trust and
Citizens Progressive Bank.
On September 22, 2023, Financial Institution Service Corporation sent out data breach letters to those individuals whose information was affected by the breach.
Founded in 1969 as First National Computer Center as a subsidiary of First National Bank, Financial Institution Service is an information services company based in West Monroe, Louisiana. FISC operates as a cooperative that services approximately 60 banks. FISC serves financial institutions in Alabama, Louisiana, Mississippi, Oklahoma, and Texas.
Our data breach lawyers are eager to speak to victims of the Financial Institution Service Corporation 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 Financial Institution Service Corporation 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.
