Supply chain
⛓ Supply Chain
First Federal Community Bank, Rio Bank, Citizens Bank of Swainsboro, First Bank & Trust Third-Party Breach (November 2020)
Primary Source ↗Incident Details
American Bank Systems hit by ransomware attack, full 53 GB data dump leaked - Security Report. American Bank Systems (ABS), a service provider to US banks and financial institutions has suffered a ransomware attack with some of its clients’ data leaked. American Bank Systems (ABS), a company that provides services to U.S. financial institutions and banks helping them “operate efficiently and confidently in a rapidly evolving – highly regulated – environment” has been hit by a ransomware attack this month. Avaddon , the ransomware group behind the attack had earlier alleged they had acquired over 50 GB of the company’s proprietary data but had leaked a partial 4 GB dump earlier this month, part of which has been analyzed by Security Report News. Third-party company: ABS.
Technical Details
- Initial Attack Vector
- Compromise of third-party service provider / vendor relationship
- Vendor / Product
- ABS
- Supply Chain Attack
- ✅ Confirmed third-party / vendor compromise
Timeline
- 2020-11-01 Breach occurred
- 2020-11-14 Publicly disclosed