Incident disclosureDisclosed 2024-02-09SouthState CorpSEC filing

SouthState Corp discloses a cybersecurity incident (SEC 8-K, February 2024)

SouthState Bank, N.A., (the "Company") detected what was determined to be a cybersecurity incident on February 6, 2024.

What happened

  • Upon detection, the Company initiated its incident response and business continuity protocols and began taking measures to disrupt the unauthorized activity.Form 8-K Item 1.05, SouthState Corp, filed 2024-02-09
  • As part of its process to address the incident, the Company proactively took measures to isolate parts of its network, which resulted in some disruption to the Company's business processes.Form 8-K Item 1.05, SouthState Corp, filed 2024-02-09
  • While the investigation is ongoing, as of the date of this filing, the incident has not had a material impact on the Company's operations, and the Company has not determined the incident is reasonably likely to materially impact the Company's financial conditions or results of operations.Form 8-K Item 1.05, SouthState Corp, filed 2024-02-09

The failure pattern

Watch the pattern: Insufficient segmentation lets a foothold spread

Related standards

CollectSEA's mapping through this incident's failure pattern; not an official determination by the standards bodies.

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