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via americanbanker.comBusiness & Companies

Auditor's breach hit at least 9 banks, credit unions

FROM THE WIRE · AMERICANBANKER.COM

Mercadien found the intrusion in November 2025. Its bank and credit union clients learned their customers were affected six to nine months later.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA security breach at auditor Mercadien exposed customers of at least 9 financial institutions, with significant delays in disclosure.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Mercadien discovered the intrusion in November 2025.
  2. 02Bank and credit union clients learned of the breach six to nine months later.
  3. 03The breach affected customers of at least 9 financial institutions.

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