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A New York-based bank says a global cybersecurity incident has exposed sensitive customer data.<\/p>\n
In a letter to customers, M&T Bank says the exploit involves the file transfer tool MOVEit, which is used to securely send and receive confidential information.<\/p>\n
According to the bank, the attacker was able to access customer data by targeting<\/a> one of the lender\u2019s third-party vendors.<\/p>\n \u201cOur investigation did, however, determine that certain information at our external service providers was compromised, including some of your information. <\/em><\/p>\n That information included your name, address and M&T checking, savings and\/or money market account number(s).<\/em><\/p>\n While this data was exposed, rest assured no PINs, passwords, or other sensitive data, such as social security numbers, date of birth, or <\/em>debit\/credit card numbers, was accessed.\u201d\u00a0<\/em><\/p>\n M&T Bank says its own internal systems were not compromised and not at risk from the data breach.<\/p>\n A customer affected by the data breach has filed<\/a> a class action lawsuit against M&T Bank for \u201cfailing to properly secure and safeguard\u201d data stored within the lender\u2019s network.<\/p>\n According to the lawsuit, the security incident exposed the data of at least 95,000 customers with hundreds of thousands more likely to be impacted based on M&T Bank\u2019s clientele.<\/p>\n M&T Bank has over $207 billion<\/a> in assets and operates in 12 states across the Eastern United States.<\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>
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