HackingFinancial ServicesFinanceVulnerability ExploitZero-DayData ExfiltratedSupply Chain (3P Vendor)Identity (basic)Government IDFinancial accountMediumContained

Cadence Bank

bd_9eeb910d8c5188af · schema v1 · pii pii-v1

Severity

Medium

Discovered

Jun 1, 2023

Filed

Sep 15, 2023

To disclose

15 weeks

Affected

Not disclosed

Linked

7 filings

Confidence

66%

Full breach record for Cadence Bank →3 incidents on file

Cadence Bank notified Vermont residents of a data breach involving the MOVEit Transfer application by Progress Software. An unauthorized third party exploited a zero-day vulnerability to access and download personal information (names, SSNs, driver's licenses, financial account data) between May 28-31, 2023. Cadence engaged forensic investigators, reported to law enforcement, and offered credit monitoring.

J jump to incidentP pin to compareR raw source

Vermont clock✗ VT AG >45 bday15 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 · 4 days

discovery → filing · 15 weeks / 106 days

May 28, 2023

Begins

Jun 1, 2023

Discovered

Aug 16, 2023

Scope determined

Sep 15, 2023

Filed

vs. sector median

+6 wks slower

This filing is one of 7 about the same incident.View merged incident

A leak claim by cl0p about this victim predates this filing by 71 days.View originating leak claim

Linked disclosures

Why this link?

Ransomware claims (2)

Leak Sitedispossessorbd_955b68cfd2f4b2942024-04-19 · +217dVerified by operator
Leak Sitecl0pbd_904e886fa624bb042023-07-06 · +71dVerified by operator

Regulatory filings (4) · sorted by filing gap

California State AGbd_3a402a6f99ec3ecc2023-09-15Verified by operator
Massachusetts State AGbd_b9c2b0baae525a492023-09-15Verified by operator
Montana State AGbd_d1a549216a802d0f2023-09-15Verified by operator
California State AGbd_967842f4b2ee04d22024-01-26 · +133dVerified

Name: Cadence Bank
norm: cadence bank
Domain: cadencebank.com

Name: Cadence Bank
norm: cadence bank
Domain: cadencebank.com
Industry: Financial Servicesllm

Discovered: Jun 1, 2023
Breach occurred: May 28, 2023 – May 31, 2023
Undetected for: 4 daysoccurrence → discovery
Materiality determined: Aug 16, 2023
Notification sent: Sep 15, 2023
Affected individuals: Not disclosed
Data types: Identity (basic)Government IDFinancial account
Data elements: Social Security numberDate of birth
Attack vector: Misconfiguration
MITRE ATT&CK: T1190 Exploit Public-Facing ApplicationT1041 Exfiltration Over C2 Channel
Threat actor: ExternalFinancial
Regulator citations: reported the matter to law enforcement
Initial access: exploit_public_facing

During the incident: Launched an investigation with the assistance of a leading cybersecurity firm and data analytics firm
Reported the matter to law enforcement
Implemented patches issued by Progress for MOVEit as they became available
Took steps to mitigate and remediate the incident
Offered identity protection services for a period of 12/24 months
Changes made: Enhanced its security and monitoring practices
Strengthened its systems to minimize the risk that a similar incident occurs in the future
Source: Quoted from the filing itself, not independently verified.

Time to disclose: 15 weeks(106 days from discovery to filing)
Compliance flags: VT AG >45 bdayLeak >30d
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 · 4 states

View merged incident ↗

California State AGSep 15 · first

Massachusetts State AGSep 15 · first

Montana State AGSep 15 · first

Vermont State AGSep 15 · first · this page

California State AG+133d

Pattern: first filing Sep 15 (CA), last Jan 26 (CA) — a 133-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://ago.vermont.gov/document/2023-09-15-cadence-bank-progress-software-moveit-data-breach-notice-consumers
DisclosureLens links to the originating regulator URL — full filing bodies are not redistributed from public surfaces (§4.5).
Filed at: Sep 15, 2023
Raw hash: 95c4ad4b9b9341eab626b1a496ebeb6fef9d909994c77e91abe4c160986d35cb

Linked disclosures

Ransomware claims (2)

Regulatory filings (4) · sorted by filing gap

Reporting entityCadence Bank

Victim entityCadence Bank

Incidentdiscovered Jun 1, 2023

Stated responseLaunched an investigation with the assistance of a leading cybersecurity firm and data analytics firm

ComplianceVT AG >45 bday

Extraction provenanceno artifact recorded

Source provenanceago.vermont.gov