The Bank Slate

INSIGHTS INTO THE BANKING INDUSTRY

Community Heritage in Md. discloses cyber breach

Community Heritage Financial in Middletown, Md., was the target of a cybersecurity attack.

The parent of the $873 million-asset Middletown Valley Bank said in a press release that it determined that there was unauthorized access to a portion of its IT system. 

The company said it implemented “a series of containment and remediation measures” within hours of detecting the event.

Community Heritage said it launched an investigation and engaged legal counsel, a computer forensic firm and other incident response professionals. 

“Although we are continuing to assess the situation, at this time we do not believe that any customer information was accessed,” the company said in the release. “We do not believe that the incident will have a material impact on our business or operations.”

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