The $714 million-asset company said in a regulatory filing
that its bank experienced a data security incident in November that barred
employees from accessing internal systems and data for “a limited period of
time.”
The bank immediately launched an investigation and hired a
digital forensics firm to help determine the scope of the incident and identify
potentially impacted data. Lake Shore also notified law enforcement and the Office
of the Comptroller of the Currency about the incident.
Lake Shore said it believes its core banking and electronic
interfaces, including deposit and loan systems, online/mobile banking systems
and ATM systems were unaffected by the event.
Despite no evidence that customers’ personal information was
misused, the bank said it notified affected customers and offered identity theft
protection services to any impacted individuals.
“The bank has implemented additional safeguards to help
ensure the security of its network to reduce the risk of a similar event
occurring in the future,” the filing said.
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