KeyBank's buyer data acquired by hackers: Report

Hackers breached KeyBank's insurance coverage supplier in July and bought the non-public data of the financial institution's clients.

KeyBank confirmed to the Related Press that its insurer, Kennesaw, Georgia-based Overby-Seawell, "suffered a cybersecurity incident that compromised knowledge of its company purchasers." It's unclear what number of clients have been affected, however these affected have been contacted by the financial institution.

The acquired data consists of clients' names, addresses, mortgage account numbers, and the primary eight digits of their nine-digit Social Safety numbers. Whereas the breach occurred after hackers broke into Overby-Seawell's computer systems on July 5, KeyBank stated it didn't know concerning the incident till Aug. 4.

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"We take this matter very severely and have notified all affected people," KeyBank wrote in a letter obtained by the AP. It additionally inspired the affected mortgage holder to enroll in free fraud monitoring.

KeyBank has areas in 15 states and totes belongings close to $200 billion.

Overby-Seawell has not made an announcement concerning the matter. Its clients are banks, credit score unions, property traders, and finance firms.

The financial institution is cooperating with police to additional examine the breach.