HackingFinancial ServicesFinanceStolen CredentialsCustomer Data InvolvedIdentity (basic)Financial accountGovernment IDMediumContained

Varo Bank, National Association

bd_036b60ed2a159b94 · schema v1 · pii pii-v1

Severity

Medium

Discovered

Mar 12, 2024

Filed

May 7, 2024

To disclose

8 weeks

Affected

Not disclosed

Linked

5 filings

Confidence

68%

Full breach record for Varo Bank, National Association →

Varo Bank, N.A. notified Vermont consumers of a data event discovered on March 12, 2024. Unauthorized third parties used customer credentials to access accounts. Potentially exposed data included names, addresses, emails, phone numbers, bank account numbers, and the last 4 digits of SSNs. Varo blocked the activity, investigated, and offered 12 months of credit monitoring via TransUnion.

J jump to incidentP pin to compareR raw source

Vermont clock⏱ VT AG >14 bday8 weeks discovery → filing

⚠ unattributedNo provenance was recorded for this discovery date and it matches no other date on the record. It may be correct, but it is not independently grounded.

Incident timeline

discovery → filing · 8 weeks / 56 days

Mar 12, 2024

Discovered

May 7, 2024

Filed

vs. sector median

on median

This filing is one of 5 about the same incident.View merged incident

Linked disclosures

Why this link?

Regulatory filings (4) · sorted by filing gap

Montana State AGbd_11e27d56c7b6753d2024-05-07Candidate
Massachusetts State AGbd_5cef6e733a81b4da2024-05-07Verified
Maine State AGbd_70cc782e61e6813b2024-05-07Verified
California State AGbd_8777007060b756ca2024-05-07Verified

Name: Varo Bank, National Association
norm: varo bank national

Name: Varo Bank, National Association
norm: varo bank national
Industry: Financial Servicesllm

Discovered: Mar 12, 2024
Materiality determined: —
Notification sent: May 7, 2024
Affected individuals: Not disclosed
Data types: Identity (basic)Financial accountGovernment ID
Data elements: Social Security number
Attack vector: Unauthorized Access
MITRE ATT&CK: T1078 Valid Accounts
Threat actor: ExternalFinancial
Initial access: valid_credentials

During the incident: Varo promptly took action to block the activity and begin an investigation
Varo undertook a thorough review of the customer portal to determine what data may have been accessible
Varo is providing you access to credit monitoring services for 12 months, through TransUnion, at no cost to you
Source: Quoted from the filing itself, not independently verified.

Time to disclose: 8 weeks(56 days from discovery to filing)
Compliance flags: VT AG >14 bday
Discovery-date grounding: unattributedNo provenance was recorded for this discovery date and it matches no other date on the record. It may be correct, but it is not independently grounded.

Status: No extraction artifact recorded for this disclosure.

Filing propagation · 5 filings · 5 states

View merged incident ↗

Montana State AGMay 7 · first

Massachusetts State AGMay 7 · first

Maine State AGMay 7 · first

California State AGMay 7 · first

Vermont State AGMay 7 · first · this page

Evidence ladder

Leak-site claim

Attacker assertion only. Establishes: claim date, group, alleged victim.

Press / market report

Unlocks: incident narrative, operational impact. Still no compliance clock.

State AG / regulator filingThis record

Unlocks: discovery date, data types, affected count, compliance clock.

SEC 8-K / victim statement

Unlocks: materiality, stated response, full audit trail. Ceiling removed.

Source URL: https://ago.vermont.gov/document/2024-05-07-varo-bank-data-breach-notice-consumers
DisclosureLens links to the originating regulator URL — full filing bodies are not redistributed from public surfaces (§4.5).
Filed at: May 7, 2024
Raw hash: 95d5647c5923eaf7ee3c17ac87d8d21cdec70877c1cd61065a1a78d04369b327

Linked disclosures

Regulatory filings (4) · sorted by filing gap

Reporting entityVaro Bank, National Association

Victim entityVaro Bank, National Association

Incidentdiscovered Mar 12, 2024

Stated responseVaro promptly took action to block the activity and begin an investigation

ComplianceVT AG >14 bday

Extraction provenanceno artifact recorded

Source provenanceago.vermont.gov