secwatch.observer — SEC 8-K summary
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Issuer:     1ST SOURCE CORP (SRCE)
CIK:        0000034782
Form:       8-K
Filed at:   2023-07-10T23:59:59+00:00
Accession:  0000034782-23-000104
Event type: cyber
Sentiment:  negative
Materiality: 0.55
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

1st Source Bank discloses MOVEit data breach; unauthorized access to client PII
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/34782/000003478223000104/0000034782-23-000104-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/34782/000003478223000104/source-20230710.htm
  HTML page:      https://secwatch.observer/filing/0000034782-23-000104

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