cyber
confidence medium
sentiment negative
materiality 0.60
FirstSun Capital Bancorp subsidiary Sunflower Bank reports MOVEit data breach; PII likely accessed
FIRSTSUN CAPITAL BANCORP
- Progress Software notified Sunflower Bank of zero-day vulnerability in MOVEit software on May 31, 2023.
- Unauthorized party likely downloaded files containing personally identifiable information before the flaw was patched.
- Core processing systems were not impacted; no material interruption to business operations occurred.
- Bank is investigating, notifying affected parties, and expects to incur expenses and potential litigation/regulatory scrutiny.