Security News Bank of America warns customers of data breach after vendor hack

Gandalf_The_Grey

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Bank of America is warning customers of a data breach exposing their personal information after Infosys McCamish Systems (IMS), one of its service providers, was hacked last year.

Customer personally identifiable information (PII) exposed in the security breach includes the affected individuals' names, addresses, social security numbers, dates of birth, and financial information, including account and credit card numbers, according to details shared with the Attorney General of Texas.

Bank of America serves approximately 69 million clients at over 3,800 retail financial centers and through approximately 15,000 ATMs in the United States, its territories, and more than 35 countries.

A Bank of America spokesperson declined to comment when BleepingComputer reached out for more details and asked us to connect with Infosys McCamish.

While Bank of America has yet to disclose how many customers were impacted by the data breach, an IMS breach notification letter filed with the Attorney General of Maine on behalf of Bank of America revealed that a total of 57,028 people were directly impacted.

"Or around November 3, 2023, IMS was impacted by a cybersecurity event when an unauthorized third party accessed IMS systems, resulting in the non-availability of certain IMS applications," the data breach notification says.

"On November 24, 2023, IMS told Bank of America that data concerning deferred compensation plans serviced by Bank of America may have been compromised. Bank of America's systems were not compromised."

"It is unlikely that we will be able to determine with certainty what personal information was accessed as a result of this incident at IMS."
 

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