cyber
confidence high
sentiment negative
materiality 0.55
1st Source Bank discloses MOVEit data breach; unauthorized access to client PII
1ST SOURCE CORP
- Vendor Progress Software disclosed MOVEit vulnerability on May 31, 2023; 1st Source uses it.
- Unauthorized third party gained access to sensitive client data including PII.
- Company patched, hardened server, launched investigation with external forensic experts.
- No impact on other systems or business operations; vulnerability contained.
- Notifying impacted individuals with credit monitoring; does not expect material adverse effect.