Exploit: Ransomware
Pacific City Bank: Financial Institution
Risk to Business: 1.623 = Severe Pacific City Bank, a California-based bank that focuses on the Korean-American community, was rocked by ransomware. The bank was hit by the AVOS Locker ransomware gang last week. On Saturday, September 4, 2021, the ransomware gang added the bank to its leak site and published some screenshots as proof of the hack including a ZIP archive that contains a series of documents allegedly stolen from the bank. The incident is under investigation.
Risk to Individual: No information was available at press time to say if employee, customer or consumer financial details or PII was compromised in this incident but since it is a bank that’s highly likely.
Customers Impacted: Unknown
How It Could Affect Your Customers’ Business Ransomware gangs have been hungry for financial industry data and they’ve been stepping up attacks against targets that have it, especially small-time players that tend to have weak security.
Risk Levels:
1 - 1.5 = Extreme Risk
1.51 - 2.49 = Severe Risk
2.5 - 3 = Moderate Risk
*The risk score is calculated using a formula that considers a wide range of factors related to the assessed breach.
