Finastra’s October 2024 Data Breach: A Comedy of Errors or Just a Bad Hack?

Finastra faced a data breach in October 2024, with personal info pilfered by sneaky cyber robbers. The fintech giant alerted victims, offering free credit monitoring. Despite limited comments, the breach is rumored to be linked to a threat actor’s online post boasting about stolen data. Finastra’s security woes continue, but the risk remains low.

Hot Take:

It seems Finastra’s security is as solid as a wet paper bag. With a history of breaches, you’d think they’d be better at playing defense. Maybe they should consider hiring some cyber ninjas to keep their virtual vaults locked up tight!

Key Points:

  • Finastra’s systems were breached by unknown attackers in October 2024, with the breach detected on November 7.
  • The attackers accessed a Secure File Transfer Platform (SFTP) and obtained certain files, but Finastra claims the risk of data misuse is low.
  • Breach notification letters have been sent to at least 65 people, with financial account information reportedly stolen.
  • A threat actor known as “abyss0” allegedly claimed to sell 400GB of stolen data on a cybercrime forum.
  • The breach follows a previous security incident in March 2020 involving a ransomware attack.

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