Oregon Pacific Bank Files Official Notice of Data Breach

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On January 9, 2024, Oregon Pacific Bank filed a notice of data breach with the Attorney General of Oregon after discovering that confidential information in the company’s possession was subject to unauthorized access. In this notice, OPB explains that the incident resulted in an unauthorized party being able to access consumers’ sensitive information. Upon completing its investigation, OPB began sending out data breach notification letters to all individuals whose information was affected by the recent data security incident.

If you receive a data breach notification from Oregon Pacific Bank, it is essential you understand what is at risk and what you can do about it. A data breach lawyer can help you learn more about how to protect yourself from becoming a victim of fraud or identity theft, as well as discuss your legal options following the Oregon Pacific Bank data breach. For more information, please see our recent piece on the topic here.

What Caused the Oregon Pacific Bank Data Breach?

The Oregon Pacific Bank data breach was only recently announced, and more information is expected in the near future. Unfortunately, OPB’s filing with the Attorney General of Oregon provides little information on what led up to the breach. According to this source, Oregon Pacific Bank recently detected a possible data security incident and, after conducting an investigation, confirmed that an unauthorized party was able to access confidential information that had been entrusted to the company.

After learning that sensitive consumer data was accessible to an unauthorized party, Oregon Pacific Bank reviewed the compromised files to determine what information was leaked and which consumers were impacted. However, Oregon Pacific doesn’t appear to have posted a copy of any data breach letter, meaning the specific data types that were compromised remain unknown.

However, on January 9, 2024, Oregon Pacific Bank filed notice of the breach with the Attorney General of Oregon. Typically, companies will send out data breach letters to victims of the breach around this time. These letters should provide victims with a list of what information belonging to them was compromised.

More Information About Oregon Pacific Bank

Founded in 1979, Oregon Pacific Bank is a financial institution based out of Florence, Oregon. Oregon Pacific Bank provides clients with traditional banking services, such as individual and business checking and savings accounts, credit cards, personal loans, mortgages, investment products and insurance products. OPB operates six branches in Coos Bay, Eugene, Florence, Medford, Portland, and Roseburg. Oregon Pacific Bank is a subsidiary of the bank holding company Oregon Pacific Bancorp. Oregon Pacific Bank employs more than 26 people and generates approximately $122 million in annual revenue.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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