Brief: Hilltop Holdings Says Third-Party Vendor Confirmed To PlainsCapital Bank, Data Specific To Bank's Customers Likely Obtained In Security Incident

Hilltop Holdings

03/07/2023 12:13

July 3 (Reuters) - Hilltop Holdings Inc  HTH.N :
    * HILLTOP HOLDINGS-ON JUNE 27, THIRD-PARTY VENDOR CONFIRMED
TO
PLAINSCAPITAL BANK,DATA SPECIFIC TO BANK'S CUSTOMERS LIKELY
OBTAINED IN SECURITY INCIDENT
    * HILLTOP HOLDINGS - SECURITY INCIDENT THAT VENDOR
EXPERIENCED
TARGETING ZERO-DAY VULNERABILITY IN VENDOR'S INSTANCE OF MOVEIT
TRANSFER APPLICATION
    * HILLTOP HOLDINGS - VENDOR HAS ADVISED PLAINSCAPITAL BANK
THAT
VULNERABILITY CAUSING VENDOR INCIDENT HAS BEEN PATCHED
    * HILLTOP HOLDINGS - UNAUTHORIZED PARTY LIKELY OBTAINED
INFORMATION IN VENDOR'S POSSESSION ABOUT SUBSTANTIALLY ALL OF
PLAINSCAPITAL BANK' CUSTOMERS
    * HILLTOP HOLDINGS-AT THIS TIME, THERE IS NO INDICATION
VENDOR
INCIDENT HAD ANY IMPACT ON CO'S/ PLAINSCAPITAL BANK'S INFO
SYSTEMS/CUSTOMER ACCESS CREDENTIALS
    * HILLTOP HOLDINGS - THERE HAS BEEN NO MATERIAL INTERRUPTION
TO
PLAINSCAPITAL BANK'S BUSINESS OPERATIONS DUE TO VENDOR INCIDENT
    * HILLTOP HOLDINGS - HAS INCURRED, AND MAY CONTINUE TO
INCUR,
CERTAIN EXPENSES RELATED TO VENDOR INCIDENT
    * HILLTOP HOLDINGS - REMAINS SUBJECT TO RISKS AND
UNCERTAINTIES AS
A RESULT OF VENDOR INCIDENT, INCLUDING AS A RESULT OF DATA THAT
WAS ACCESSED
    * HILLTOP HOLDINGS INC - IS IN PROCESS OF EVALUATING FULL
SCOPE OF
COSTS AND IMPACT OF VENDOR INCIDENT

Further company coverage:  HTH.N 

 (Reuters.Briefs@thomsonreuters.com)