HackingFinancial ServicesFinanceStolen CredentialsCapture Stored DataData ExfiltratedCustomer Data InvolvedMulti-Stage ChainPIIIdentity (basic)Government IDCriticalContained

Evolve Bank & Trust

bd_9e973a1a29ae89ce · schema v1 · pii pii-v1

Severity

Critical

Discovered

May 29, 2024

Filed

Jul 8, 2024

To disclose

6 weeks

Affected

362,896state residents only

Linked

2 filings

Confidence

64%

Full breach record for Evolve Bank & Trust →7 incidents on file

Evolve Bank & Trust notified South Carolina consumers of a cybersecurity attack where threat actors accessed and downloaded customer information from databases and file shares between February and May 2024. The bank identified the unauthorized activity on May 29, 2024, stopped the attack, and engaged a cybersecurity firm and law enforcement. Affected individuals are offered 24 months of credit monitoring.

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South Carolina clock✓ SC CRA notice due6 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

undetected · 118 days

discovery → filing · 6 weeks / 40 days

Feb 1, 2024

Begins

May 29, 2024

Discovered

Jul 8, 2024

Filed

vs. sector median

3 wks faster

This filing is one of 2 about the same incident.View merged incident

Linked disclosures

Why this link?

Regulatory filings (1) · sorted by filing gap

Illinois State AGbd_1c223362bd9585422024-07-01 · +7dVerified

Name: Evolve Bank & Trust
norm: evolve bank

Name: Evolve Bank & Trust
norm: evolve bank
Industry: Financial Servicesllm

Discovered: May 29, 2024
Breach occurred: Feb 1, 2024 – May 31, 2024
Undetected for: 118 daysoccurrence → discovery
Materiality determined: —
Notification sent: —
Affected individuals: 362,896state-resident count only
Data types: PIIIdentity (basic)Government ID
Attack vector: Unauthorized Access
MITRE ATT&CK: T1078 Valid AccountsT1041 Exfiltration Over C2 ChannelT1119 Automated Collection
Threat actor: ExternalFinancial
Regulator citations: Notified law enforcement
Initial access: valid_credentials

During the incident: Initiated its incident response processes and stopped the attack
Initiated an investigation with assistance from a cybersecurity firm
Notified law enforcement
Added further protections to harden its systems
Offering complimentary 24-month membership to TransUnion’s credit monitoring and identity theft protection services
Providing proactive fraud assistance
Changes made: Strengthened its security response protocols, policies and procedures
Improved its ability to detect and respond to suspected incidents
Source: Quoted from the filing itself, not independently verified.

Time to disclose: 6 weeks(40 days from discovery to filing)
Compliance flags: SC CRA notice due
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 · 2 filings · 2 states

View merged incident ↗

Illinois State AGJul 1 · first

South Carolina State AG+7d · this page

Pattern: first filing Jul 1 (IL), last Jul 8 (SC) — a 7-day rolling notification. Rolling spreads often mean counsel is filing as thresholds trip per state. Why this link?

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://consumer.sc.gov/sites/consumer/files/Documents/Security%20Breach%20Notices/2024/EvolveBank%26Trust.pdf
DisclosureLens links to the originating regulator URL — full filing bodies are not redistributed from public surfaces (§4.5).
Filed at: Jul 8, 2024
Raw hash: 0ad947ec1fc0b452ebaa4348860ebb27df27e688f5e79815a61176f4e558419d

Linked disclosures

Regulatory filings (1) · sorted by filing gap

Reporting entityEvolve Bank & Trust

Victim entityEvolve Bank & Trust

Incidentdiscovered May 29, 2024

Stated responseInitiated its incident response processes and stopped the attack

ComplianceSC CRA notice due

Extraction provenanceno artifact recorded

Source provenanceconsumer.sc.gov