On November 9, 2022, Old Point National Bank reported a data breach with the Montana Attorney General after the company learned that an unauthorized party was able to access an employee’s email account that contained sensitive information belonging to certain bank customers. According to Old Point, the breach resulted in the names, driver’s license numbers and photos, Social Security numbers, and bank account numbers and balances being compromised. Recently, Old Point sent out data breach letters to all affected parties, informing them of the incident and what they can do to protect themselves from identity theft and other frauds.

Few businesses occupy the place of trust in society that banks do. Banks not only possess private information about you and your family but also have access to your life’s savings. Of course, this also makes banks an ideal target for cyber criminals who are looking to steal your personal information. As we’ve discussed in previous posts, banks and other trusted businesses have an obligation to consumers to protect the information in their possession. When a bank’s data security system falls short, and hackers take advantage, consumers pay the price. However, a bank that negligently stores customer information may be liable to those whose information they leak through a data breach lawsuit.

More Information on the Recent Old Point Bank Data Breach

The available information regarding the Old Point Bank breach comes from the company’s filing with the Attorney General of Montana’s “Reported Data Breach Incidents” page. According to this source, on around September 2, 2022, Old Point was the victim of a cyberattack involving a hacker obtaining remote access to a bank employee’s email credentials. As soon as the company learned of the unauthorized access, it shut down the affected email account, reported the incident to law enforcement, and then began working with cybersecurity experts to investigate the incident.

Old Point Bank’s investigation confirmed that the unauthorized party had gained access to the employee email account and that information belonging to certain bank clients was accessible through the account.

Upon discovering that sensitive consumer data was made available to an unauthorized party, Old Point Bank began to review the affected files to determine what information was compromised and which consumers were impacted. While the breached information varies depending on the individual, it may include your name, driver’s license number and photos, Social Security number, and bank account numbers and balances.

On November 9, 2022, Old Point Bank sent out data breach letters to all individuals whose information was compromised as a result of the recent data security incident.

More Information About Old Point National Bank

Founded in 1922, Old Point National Bank is a regional bank based out of Hampton, Virginia. Old Point operates 19 branches throughout Hampton Roads and is part of the Allpoint ATM Network, giving customers free access to over 55,000 ATMs worldwide. Old Point National Bank is a wholly-owned subsidiary of Old Point Financial Corporation, a larger company that also owns Old Point Wealth Management, Old Point Mortgage, and Old Point Insurance. Old Point Bank employs more than 273 people and generates approximately $51 million in annual revenue.