Pacific Premier says vendor hit by MOVEit data breach

Pacific Premier Bancorp

25/07/2023 12:18

July 25 (Reuters) - Pacific Premier Bancorp  PPBI.O 
said on Tuesday that a cybersecurity incident at a third-party
vendor has led to data leak of its bank's clients, becoming the
latest victim of the MOVEit hack.
    The vendor confirmed that personal data had been compromised
in the incident, which involved popular file transfer tool
MOVEit, Pacific Premier said in a regulatory filing. 
    The client data compromised contained social security
numbers, account numbers and other personally identifiable
information, the company added.  
    It did not disclose the scale of the data breach, but said
it is working with the vendor to notify the potentially affected
parties and regulatory agencies.
    Firms, institutions and government departments using file
sharing software MOVEit have recently been hit by data breaches.
    On Monday, consumer and commercial bank 1st Source Corp
 SRCE.O  said a security breach that involved MOVEit has
impacted about 450,000 records.
    MOVEit, made by Massachusetts-based Progress, allows
organizations to securely transfer files and data between
business partners and customers. 
    "There is no indication the vendor incident involved the
company's internal network or IT systems, and there has been no
material interruption to the company's business operations," the
bank said in a filing.
    The bank uses vendor for certain tax and compliance
operational support services, it said. 

 (Reporting by Jaiveer Singh Shekhawat in Bengaluru; Editing by
Shailesh Kuber)
 ((JaiveerSingh.Shekhawat@thomsonreuters.com;))