New York Bank Keeps Branches Closed After Suspected Vendor-Linked Security Incident
Summary
Sawyer Savings Bank closed its four branches after a network disruption it says is likely linked to a vendor vulnerability. Online and mobile banking, ATMs and debit cards remain available; the incident’s cause and data impact are under investigation.
Key points
- The disruption began Aug. 3 and affected portions of Sawyer Savings Bank’s network, closing branches in Saugerties, Highland, New Paltz and Marlboro.
- The bank said the disruption was likely tied to a data security incident involving a vendor vulnerability, but has not named the vendor or disclosed an attack type.
- Third-party specialists are helping restore affected systems and investigate the cause; the bank had not announced a branch reopening date as of Aug. 7.
- ATMs, online and mobile banking, and debit cards remained available.
- The bank said it had seen no evidence of customer accounts being directly affected or of malicious use of bank or customer data.
- Investigators are still determining whether any data was affected and whose information it may be; the bank has not confirmed data theft, a ransom demand, or a threat actor.
Article Details
- Victim Organization
- Sawyer Savings Bank
- Incident Type
- Network disruption; the bank said it was likely related to a data security incident involving a vulnerability at an unidentified vendor.
- Incident Date
- 2026-08-03
- Disclosure Date
- 2026-08-03
- Operational Impact
- All four New York branches were temporarily closed. ATMs, online and mobile banking, and debit cards remained available. The bank said portions of its network were affected; the specific systems and whether customer or employee information was accessed remained under investigation.
- Ransom Or Extortion
- The bank had not disclosed a ransom demand or extortion activity.
- Claim Status
- alleged