secwatch.observer — SEC 8-K summary
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Issuer:     COMMUNITY TRUST BANCORP INC /KY/ (CTBI)
CIK:        0000350852
Form:       8-K
Filed at:   2023-08-11T23:59:59+00:00
Accession:  0000350852-23-000090
Event type: cyber
Sentiment:  negative
Materiality: 0.65
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

CTBI third-party MOVEit breach exposes customer data
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/350852/000035085223000090/0000350852-23-000090-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/350852/000035085223000090/cyberincident8k.htm
  HTML page:      https://secwatch.observer/filing/0000350852-23-000090

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