Truist Bank Data Breach in October 2023 Confirmed

Truist Bank has confirmed a data breach in October 2023. The breach was confirmed on October 25, 2023, after an initial investigation into unauthorized access to customer data.

The bank has not disclosed the exact number of customers affected by the breach, but it's clear that the incident is being taken seriously.

Truist Bank is offering free credit monitoring and identity theft protection to customers who may have been impacted by the breach.

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Truist Bank has confirmed a data breach in October 2023.

The breach was caused by a threat actor who posted stolen data on a hacking forum for $1 million.

A total of 65,000 employees may have been affected by the breach.

The data allegedly includes employee emails, phone numbers, street addresses, bank transactions, names, account numbers, and balances.

The threat actor also claimed to have source code for Truist Bank's Interactive Voice Response (IVR) automated phone system for transferring funds.

Truist Bank has found no evidence of a Snowflake incident at their company, despite the threat actor also advertising data stolen from Snowflake.

The bank has notified a small number of clients about the breach and is providing identity protection services at no cost.

The breach is not linked to the ongoing Snowflake attacks.

Truist operates over 2,700 branches across 15 states and employs 40,000 people.

The bank has confirmed a separate breach in June that reportedly occurred in October 2023.

Truist Bank's systems were breached in the October 2023 cyberattack after a threat actor posted some of the company's data for sale on a hacking forum.

Truist has found no indication of fraud arising from this incident at this time.

The bank is providing awareness to its employees about the breach.

Truist Bank's spokesperson said that the company regularly works with law enforcement and outside cybersecurity experts to help protect its systems and data.

If you suspect you've been a victim of the Truist Bank data breach, take action to protect yourself. Check the bank's advice to find out what's happened and follow any specific guidance they offer.

Change your password immediately. You can make a stolen password useless to thieves by changing it. Choose a strong password that you don't use for anything else. Better yet, let a password manager choose one for you.

Enabling two-factor authentication (2FA) is a good idea. If you can, use a FIDO2-compliant hardware key, laptop, or phone as your second factor. Some forms of 2FA can be phished just as easily as a password.

Be cautious of fake contacts from the bank. The thieves may contact you posing as the bank. Check the bank's website to see if they are contacting victims, and verify the identity of anyone who contacts you using a different communication channel.

Take your time responding to any suspicious communications. Phishing attacks often impersonate people or brands you know, and use themes that require urgent attention, such as missed deliveries, account suspensions, and security alerts.

Consider not storing your card details on websites. It's definitely more convenient to get sites to remember your card details for you, but we highly recommend not storing that information on websites.

Set up identity monitoring to alert you if your personal information is found being traded illegally online. This can help you recover after a data breach.

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