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Jack Henry discloses data breach at acquired company

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Jack Henry & Associates Inc. (Nasdaq: JKHY) this morning disclosed a data breach at a company it acquired earlier this year.

Officials with Jack Henry said the incident at Boston-based retail and business digital financial software provider Geezeo occurred prior to the acquisition, according to a news release. Jack Henry bought Geezeo in July for undisclosed terms; Geezeo is now a subsidiary of the Monett-based financial industry software firm.

The incident, which occurred in May and was brought to the company’s attention by a third-party service provider, impacted information held by Geezeo, specifically a 2012 data file. Jack Henry and Geezeo operations have not been impacted, and officials do not believe, passwords, security codes, access codes or other similar information was accessed.

Additionally, Jack Henry and Geezeo are working with regulatory bodies and federal law enforcement, according to the release.

“Safeguarding our clients’ information is essential to our mission. Although the incident occurred prior to our acquisition of Geezeo, I am grateful it has been contained,” Jack Henry Chief Risk Officer Charlie Wright said in the release. “We appreciate the understandable worry the incident has caused for the small number of financial institutions that were affected.”


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