$CBFV·8-K

CB Financial Services, Inc. · May 11, 4:15 PM ET

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CB Financial Services, Inc. 8-K

Research Summary

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Updated

CB Financial Services Reports Material Cybersecurity Incident Exposing SSNs

What Happened
CB Financial Services, Inc. (CBFV) filed an 8-K on May 11, 2026 reporting an internal incident in which certain non-public customer information was handled using an unauthorized AI‑based software application. The company determined the event to be material on May 7, 2026. Among the customer information disclosed were customer names, social security numbers and dates of birth. The Bank says it promptly secured the data, engaged external cybersecurity advisors, initiated an internal investigation, and has been communicating with relevant banking and financial regulators.

Key Details

  • Incident involved use of an unauthorized artificial intelligence–based software application to handle customer data.
  • Data types disclosed: customer names, social security numbers (SSNs) and dates of birth.
  • Company determined the event was material on May 7, 2026 and filed the 8-K on May 11, 2026; the investigation (scope and root cause) is ongoing.
  • The incident did not disrupt operations, customer access, payment systems or core IT infrastructure; the company is notifying affected customers as required and continues to work with regulators and external advisors.
  • As of the disclosure date, the company does not expect a material impact on consolidated financial condition or results of operations.

Why It Matters
The company classified the event as material because of the volume and sensitivity of the customer data involved. For investors, the key facts are that remediation, customer notifications and regulator engagement are underway and the investigation is ongoing — outcomes (including potential costs, regulatory actions or litigation) remain to be determined. CB Financial states it is strengthening controls and monitoring to prevent similar incidents; investors should watch for further updates on the investigation and any disclosures about remediation costs or regulatory responses.

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