MainStreet Bancshares reported to the SEC that customer data was stolen during a breach at a third-party vendor. About 4.65% of its customer data was compromised. While the bank's own systems remained intact and operational, this incident underscores the risks posed by supply chain vulnerabilities. Following the alert, MainStreet activated its incident response protocol and ceased activities with the affected provider. Customers were notified and provided with monitoring tools to ensure security. The incident illustrates the importance of robust vendor security measures.
MainStreet Bancshares confirmed a data breach at a third-party provider resulting in customer data theft, highlighting vulnerabilities in vendor supply chains.
Despite the breach, MainStreet Bank stressed that its own systems were not compromised and no unauthorized transactions occurred during the incident.
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