Data Breach Notifications

Entity Information

  • Type of Organization: Financial Services
  • Entity Name: IBW Financial Corporation
  • Street Address: 4812 Georgia Avenue NW
  • City: Washington
  • State, or Country if outside the US: DC
  • Zip Code: 20011

Submitted By

  • Name: Staria Williams
  • Title: Director of Risk Management
  • Firm name (if different than entity):
  • Telephone Number: 202.722.2000 ext.3059
  • Email Address: SWilliams@industrial-bank.com
  • Relationship to entity whose information was compromised: Director of Risk Management

Breach Information

  • Total number of persons affected (including residents): 92,629
  • Total number of Maine residents affected: 36
  • If the number of Maine residents exceeds 1,000, have the consumer reporting agencies been notified:
  • Date(s) Breach Occured: 9/30/2021
  • Date Breach Discovered: 10/19/2022
  • Description of the Breach:
    • Internal system breach
  • Information Acquired - Name or other personal identifier in combination with: Financial Account Number or Credit/Debit Card Number (in combination with security code, access code, password or PIN for the account)

Notification and Protection Services

  • Type of Notification: Written
  • Date(s) of consumer notification: 12/23/2022
  • Copy of notice to affected Maine residents: IBW - ME- Exhibit 1- Notice of Data Event.pdf
  • Date of any previous (within 12 months) breach notifications:
  • Were identity theft protection services offered: Yes
  • If yes, please provide the duration, the provider of the service and a brief description of the service: 24 Months, Equifax, Credit monitoring