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Cornerstone Bank Provides Notification of Data Security Incident
Saturday, November 9, 2024
Fargo, ND - Cornerstone Bank ("Cornerstone") has become aware of a data security incident that may have impacted information belonging to certain individuals. Cornerstone is not aware of any evidence to suggest that any information has been misused.
On July 10, 2024, Cornerstone discovered suspicious activity potentially related to a small number of employee email accounts. Upon discovery, Cornerstone took swift action to secure its email system and network. Cornerstone immediately began working with third-party specialists to investigate the full nature and scope of the incident. Cornerstone also reported this incident to federal law enforcement. Based on the investigation, it was determined that certain Cornerstone employee email accounts were subject to unauthorized access. As a result, together with third-party specialists, Cornerstone began a comprehensive review of the contents of these accounts to determine the type of information potentially accessed and those potentially impacted. Following a thorough analysis, it was determined that information contained in the affected data set may have included personally identifiable information ("PII"). The type of information believed to be at risk includes first and last names, in combination with one or more of the following: Social Security number, driver's license or state identification number, taxpayer identification number, date of birth, account number, routing number, payment card number, and/or payment card number in combination with a PIN and/or expiration date.
Upon learning of the potential access of information, together with third-party specialists, Cornerstone immediately undertook a thorough review of the affected information to identify all potentially affected individuals. Cornerstone completed that review on September 24, 2024, and is now providing notice accordingly.
At this time, Cornerstone is not aware of any evidence to suggest that any information has been misused. Out of an abundance of caution, Cornerstone is providing notice to potentially affected individuals. In response to this incident, Cornerstone has implemented additional security measures within its network and is reviewing its current policies and procedures related to data security. Individuals are nonetheless encouraged to monitor their credit reports and account statements for suspicious activity and to detect errors.
Cornerstone has established a toll-free number to answer questions about the incident and to address related concerns. The number to call is 1-866-354-1410. Representatives are available to assist individuals with questions regarding this incident during Monday through Friday, 8 a.m. to 8 p.m. Central Time. In addition, Cornerstone will notify applicable regulators of this incident.
The security of information is of the utmost importance to Cornerstone. Cornerstone is committed to protecting your trust and continues to be thankful for your support.
Media Contact:
Caitlin Lawlor, Esq.
clawlor@c-wlaw.com
/PRNewswire -- Nov. 1, 2024/
SOURCE Cornerstone Bank
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