Did the Tri Counties Bank Ransomware Attack Leak Customers’ Information?

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On March 24, 2023, Tri Counties Bank posted a “Network Outage Update” after determining that a recent ransomware attack may have resulted in confidential consumer data being exposed to hackers. However, because Tri Counties Bank is still investigating the incident, the affected data types have not yet been confirmed. If and when Tri Counties Bank determines that consumer data was leaked, the company will send out data breach notification letters to all individuals who were impacted by the recent data security incident.

If you received a data breach notification from Tri Counties Bank, it is essential you understand what is at risk and what you can do about it. As we’ve mentioned in other posts, hackers often use the information they obtain through these breaches to carry out other crimes, such as identity theft. Occasionally, however, hackers will sell the stolen data to another criminal on the Dark Web. In either case, a data breach significantly increases your risk of becoming a victim of fraud. To learn more about how to protect yourself from becoming a victim of fraud or identity theft and what your legal options are in the wake of the Tri Counties Bank data breach, please see our recent piece on the topic here.

What We Know So Far About the Tri Counties Bank Ransomware Attack

The available information regarding the Tri Counties Bank breach comes from the notice posted on the Tri Counties Bank website. According to this source, Tri Counties Bank recently determined that the company was the victim of a ransomware attack. In response, the bank shut down its computer network, informed the authorities, and began an investigation to learn more about the incident and what, if any, consumer information was leaked.

Tri Counties Bank is still in the process of this investigation. However, the bank acknowledges that the ransomware attackers posted sensitive information they claim to belong to bank customers. Of course, because the investigation is still ongoing, the specific type of data that could have been accessed by the hackers remains unknown.

If and when Tri Counties Bank determines that confidential consumer data was leaked, the company will be required to send out data breach notification letters to anyone impacted by the incident.

More Information About Tri Counties Bank

Established in 1975, Tri Counties Bank is a financial institution based in Chico, California. The bank operates more than 70 locations across California, including in Auburn, Bakersfield, Chico, Chowchilla, Fresno, Grass Valley, Half Moon Bay, Orland, Pacifica, Redding, and San Francisco. Tri Counties Bank is a wholly-owned subsidiary of TriCo Bancshares, which is publicly traded on the NASDAQ under the ticker symbol “TCBK.” Tri Counties Bank employs more than 1,084 people and generates approximately $329 million in annual revenue.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

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