cyber
confidence high
sentiment negative
materiality 0.65
CTBI third-party MOVEit breach exposes customer data
COMMUNITY TRUST BANCORP INC /KY/
- On Aug 9, 2023, a third-party vendor notified CTBI that customer data was potentially accessed via the MOVEit vulnerability.
- CTBI does not use MOVEit internally; the vendor applied Progress Software's recommended patches.
- CTBI is notifying potentially impacted customers; incident did not affect ongoing operations.
- CTBI expects its cyber insurance to cover most costs related to the incident.