FinWise Bank’s Insider Breach: 689,000 Customers Caught in Data Debacle!
FinWise Bank is in hot water after a former employee snagged data from 689,000 people. It’s unclear if it was a case of “oops” or “mwahaha!” Either way, affected folks now get a year of free credit monitoring. Remember, folks, cybersecurity is no joke—unless you’re the one writing about it!
Hot Take:
It looks like someone at FinWise Bank took the phrase “insider knowledge” a bit too literally. With a former employee turning into a digital Houdini, unlocking the secrets of 689,000 individuals, one has to wonder if the bank’s security measures were as outdated as an AOL dial-up connection. Maybe they should consider hiring a bouncer for their data vault next time!
Key Points:
- A former FinWise employee accessed sensitive data post-employment, impacting 689,000 individuals.
- The breach involved personal information from American First Finance (AFF), FinWise’s payment solutions partner.
- The incident occurred in May 2024 but was only disclosed recently.
- Affected individuals are being offered a year of free credit monitoring and identity theft protection.
- Legal action is underway, with FinWise citing pending litigation as a reason for limited commentary.
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