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Finastra’s Data Breach Blunder: A Comedy of Errors or Just Plain Negligence?
Finastra has finally alerted customers about a data breach from over three months ago, during which sensitive information was accessed. While they downplay the risk, the delay raises eyebrows. To make amends, they’re offering free identity protection. Remember, when it comes to data breaches, it’s not just about the breach—it’s about the breach of trust.
Hot Take:
Finastra’s delay in notifying customers about a data breach is like waiting for the Titanic to dock before admitting it’s sinking. While the company claims the risk to individuals is low, the underground chatter about 400GB of stolen data says otherwise. Maybe they should invest in a calendar app to keep track of urgent dates, like when to tell people their data’s been compromised. But hey, two years of free identity protection is like offering a Band-Aid after a shark bite. Kudos, Finastra!
Key Points:
- Finastra experienced a data breach between October 31 and November 8, 2024.
- Unauthorized access was detected on November 7, but affected customers were only notified on February 12, 2025.
- Sensitive customer data, including names and financial account details, was compromised.
- At least 65 residents in Massachusetts were affected, with the total number undisclosed.
- Finastra is offering two years of free identity protection and credit monitoring to impacted individuals.
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