Welcome to Hackersville

“Breach Financial Bancorp Inc. is not commenting on the cyberattack and we have no comments on whether ransomware was paid,” a company spokesperson said. “However, we do confirm, emphatically, that Breach Financial Bancorp strictly adhered to the state and federal laws relevant to the situation, as well as ransomware guidance from the FBI, CISA, and OFAC.”

The cyberattack on Breach Financial Bancorp landed the day before Thanksgiving. The cybercriminals chose the holidays to launch their cyberattack because most of the company’s employees were on vacation, which meant it likely the banking giants guard was down. Better still for the cybercriminals, they knew Breach Financial Bancorp was suffering a major staffing ...

Get Mobilizing the C-Suite now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.