The Bank Slate


PCB in Los Angeles gives update on ransomware attack

PCB Bancorp in Los Angeles is working with clients impacted by a ransomware attack that took place over the summer.

The $2.1 billion-asset parent of Pacific City Bank provided an update on its efforts to address fallout from the Aug. 30 incident.

The company said in a regulatory filing that an ongoing investigation revealed that the incident impacted files containing certain customer data, including personal information of customers and their employees such as names, addresses, social security numbers and tax withholdings. 

PCB said it is in the process of notifying all individuals identified to date, including clients and others whose information was contained in those files. The company said that all impacted individuals will be offered free Equifax Complete Premier credit monitoring and identity theft protection services. 

PCB noted that it had informed law enforcement and appropriate authorities. The company has also been working with third-party forensic investigators “to understand the nature and scope of the incident,” the filing said.

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