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1st Source Bank Data Breach Class Action Lawsuit Investigation

by | Jul 20, 2023 | Class Action

Markovits, Stock & DeMarco, LLC, a law firm experienced in data breach class action litigation, is investigating claims on behalf of victims of a data breach involving data entrusted to 1st Source Bank (1st Source).  1st Source reported that a data breach incident took place in the MOVEit transfer tool used by the company’s third-party service provider, Progress Software.

1st Source Bank is a financial institution headquartered in South Bend, Indiana1st Source operates 81 branch locations in Indiana and Michigan and generates around $354 million in annual revenue.   If you received a data breach notification from 1st Source, contact us for a free consultation to understand your legal rights and potential remedies.

Understanding the 1st Source Bank Data Breach

On June 10, 2023, 1st Source disclosed that it suffered a data breach. 1st Source discovered that, on or around June 1, 2023, an unauthorized party had accessed and copied certain information from its network.[1] The breach exposed critical personal data of 450,000 victims, raising serious concerns about their privacy and security.[2]

What Data was Compromised in the 1st Source Bank Data Breach?

The data exposed in the 1st Source data breach included highly sensitive and confidential information, leaving victims vulnerable to potential identity theft and other fraudulent activities. The compromised data includes:

  • Full Name
  • Social Security Number
  • Date of Birth
  • Driver’s License Number
  • State Identification Number
  • Other Government Issued Identification Number

What Should I do if I Received Notification of the Data Breach from 1st Source Bank?

To understand your rights and explore your options in response to the 1st Source data breach, you can schedule a free, confidential consultation with Attorney Justin C. Walker at Markovits, Stock & DeMarco, LLC. You can reach us through the following channels:

[1] https://apps.web.maine.gov/online/aeviewer/ME/40/ecd3f2c2-8cdf-48cc-84f5-f3321ae41cd7.shtml

[2] Id.