cyber
confidence high
sentiment neutral
materiality 0.45
Sound Financial subsidiary vendor exposed ~16,000 customer records via MOVEit; no compromise found yet
Sound Financial Bancorp, Inc.
- Third-party vendor using MOVEit transferred data for Sound Community Bank's ~16,000 mobile/online banking customers.
- Vendor's forensic investigation shows customer data was downloaded only once via a valid bank file request; no indication of compromise to date.
- Bank notified law enforcement and regulators; vendor has patched the MOVEit vulnerability.
- Company expects the incident will not have a material adverse effect on business, operations, or financial results.