https://www.theregister.com/2025/06/02/mainstreet_bancshares_says_thirdparty_breach/ – Disclosure at MainStreet Bancshares comes as American finance orgs beg for looser reporting requirements
https://www.sec.gov/ix?doc=/Archives/edgar/data/1693577/000143774925019008/main20250328_8k.htm – SEC 8K filing here
… Showing how vendors along the supply chain are often the weak link, the holding company that primarily oversees MainStreet Bank told America’s Securities and Exchange Commission (SEC) about the snafu on Friday, saying it was made aware of a break-in at the provider back in March. By April 28, it confirmed its own data was part of the stolen loot, to be exact data belonging to circa 4.65 percent of its total customer base. …
As TheRegister title notes, scary is how there this open letter to repeal the Item 1.05 rule – which came into force Dec 2023 – and “develop a balanced cyber disclosure regime that acknowledges national security realities while not losing sight of the SEC’s investor protection mandate.”
…I got a pink bridge on Mars to sell ya…
/sarcasm
Regards