A major data breach at Reading Cooperative Bank (RCB), a Massachusetts-based bank with $1.2 billion in assets, has exposed the sensitive information of 24,041 customers.
How it Happened
The breach, which occurred between August 8th, 2024, and January 31st, 2025, was caused by a phishing attack. A bank employee clicked a malicious link in a phishing email, giving hackers access to customer data. The bank’s investigation confirmed that personally identifiable information (PII) may have been compromised.
What Data Was Exposed?
While the exact details haven’t been fully disclosed, the bank confirmed that names and other PII were potentially accessed.
RCB’s Response
RCB has implemented enhanced cybersecurity measures and is working with experts to improve system security. They advise concerned customers to consider placing a security freeze and fraud alert on their credit files.
What Customers Should Do
Customers should monitor their accounts closely for any suspicious activity. The bank recommends taking proactive steps to protect their credit, such as placing a security freeze or fraud alert.
