SouthStar Bank Announces Data Breach Following Email Phishing Attack | Console and related, PC

On March 26, 2024, SouthStar Bank filed a data breach notification with the Massachusetts Attorney General after discovering that an unauthorized party had successfully conducted a phishing attack against the company’s employees. In the notice, SouthStar Bank explains that the incident allowed an unauthorized party to access sensitive consumer information, including their names, Social Security numbers and financial account information. Once its investigation was completed, SouthStar Bank began sending data breach notification letters to all individuals whose information was affected by the recent data security incident.

If you have received a data breach notification from SouthStar Bank, it is essential that you understand what is at risk and what you can do about it. A data breach attorney can help you learn more about how to protect yourself from fraud or identity theft, as well as discuss your legal options following the SouthStar data breach Bank. For more information, please see our recent article on the subject here.

What caused the SouthStar Bank data breach?

The SouthStar Bank data breach was only recently announced and more information is expected in the near future. However, SouthStar Bank’s filing with the Massachusetts Attorney General provides important information about what led to the violation. According to this source, on November 6, 2023, SouthStar Bank learned that hackers had recently launched an email phishing attack against the company. Shortly after, SouthStar Bank confirmed that a single employee’s email account had been compromised.

In response, SouthStar Bank contained the incident and then launched an investigation to learn more about the attack and whether consumer information was compromised. Ultimately, this investigation confirmed that an unauthorized actor was able to access employees’ email accounts between October 27, 2023 and November 6, 2023.

After learning that sensitive consumer data was being accessed by an unauthorized party, SouthStar Bank reviewed the compromised files to determine what information had been disclosed and which consumers were affected. SouthStar Bank completed this process on January 26, 2024. Although the information disclosed varies by individual, it may include your name, social security number, and financial account information.

On March 26, 2024, SouthStar Bank sent data breach letters to anyone affected by the recent data security incident. These letters should provide victims with a list of their information that has been compromised.

More information about SouthStar Bank

SouthStar Bank is a financial institution based in Moulton, Texas. SouthStar Bank offers its customers the traditional products and services offered by most banks, including business and personal checking and savings accounts, residential mortgages, credit cards and personal loans, auto loans and loans commercial. SouthStar Bank employs more than 109 people and generates approximately $57 million in annual revenue.