2021-09-14 PCB BANCORP Cybersecurity Incident

Page last updated on April 11, 2024

PCB BANCORP initially disclosed a cybersecurity incident in an SEC 8-K filing on 2021-09-14 17:24:22 EDT.

Incident Details

Material: Unknown
Is Breach: Unknown
Records Compromised: Unknown
Data Types Impacted: No Data Types Tracked (yet)

Compromised Date:
Detected Date: 2021-08-30
Disclosure Date: 2021-09-14
Contained Date:
Recovered Date:

Attack Goal: Unknown

Costs: No Costs Tracked (yet)

Filings

8-K filed on 2021-09-14

PCB BANCORP filed an 8-K at 2021-09-14 17:24:22 EDT
Accession Number: 0001423869-21-000036

Item 7.01 Regulation FD Disclosure.

On September 14, 2021, Pacific City Bank, the wholly owned banking subsidiary of PCB Bancorp (the “Company”), posted the following to its website:

We are writing to inform you that we are investigating a recent cybersecurity incident and claims that our data, including potentially our customers’ data, may have been illegally accessed. We are working closely with forensic experts to determine what has happened and what data may have been impacted. This investigation is being treated with the highest priority and urgency, and the safety and protection of our customers’ information is of paramount importance to Pacific City Bank.

We know you may have questions. Addressing those is very important to us. We will continue to communicate with you as we gain a more complete understanding of the incident. Please accept our sincere apologies and know that we deeply regret any concerns or inconvenience that this may cause you. Thank you for your continued trust and support.

8-K filed on 2021-10-07

PCB BANCORP filed an 8-K at 2021-10-07 16:05:59 EDT
Accession Number: 0001423869-21-000038

Item 7.01 Regulation FD Disclosure.

On October 7, 2021, Pacific City Bank, the wholly owned banking subsidiary of PCB Bancorp (the “Company”), posted the following to its website to update the “Recent Cybersecurity Incident Information” originally posted on September 7, 2021:

On August 30, 2021, Pacific City Bank (PCB) identified unusual activity on its network. The bank responded promptly to disable the activity, investigate its source and monitor PCB’s network. PCB subsequently became aware of claims that it had been the target of a ransomware attack. On September 7, 2021, PCB determined that an external actor had accessed or acquired certain data on its network. PCB has been working with third-party forensic investigators to understand the nature and scope of the incident and determine what information may have been accessed and what clients were impacted.

The investigation revealed that this incident impacted files containing certain PCB customer information, including in some cases personal information of customers and customers’ employees such as name, address, social security number, tax withholdings, and Form W-2 information. PCB’s investigation is continuing. PCB currently is notifying all individuals identified to date, consistent with applicable laws whose information may have been impacted, including bank customers and others whose information was contained in those files. All impacted individuals will be offered free Equifax Complete Premier credit monitoring and identity theft protection services. PCB has notified law enforcement and appropriate authorities.

Please accept our sincere apologies and know that we deeply regret any concerns or inconvenience that this may cause you. Thank you for your continued trust and support.

Company Information