First Horizon discloses data security breach

First Horizon discloses data security breach
By Paul Davis
April 28, 2021, 11:07 a.m. EDT
1 Min Read
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First Horizon in Memphis, Tenn., disclosed that a number of online customer bank accounts were targeted by a data security breach.

The $87.5 billion-asset company said in a regulatory filing Wednesday that it first learned of the breach this month.

An unauthorized party obtained login credentials from an unknown source and exploited a vulnerability in third-party security software to gain access to less than 200 accounts, obtaining “less than $1 million” from some of the accounts, the filing said.