689,000 Affected by Insider Breach at FinWise Bank

Source: SecurityWeek

A former employee of FinWise Bank has reportedly gained unauthorized access to sensitive customer information related to American First Finance. This breach has impacted approximately 689,000 customers, raising significant concerns about data security within the banking sector. Insider threats represent a notable risk, as employees may exploit their access to confidential information for malicious purposes.

The implications of this breach extend beyond the immediate exposure of personal data. Customers affected by the breach may face increased risks of identity theft and fraud, prompting FinWise Bank to enhance its security measures and monitoring protocols. Financial institutions must take proactive steps to mitigate insider threats, which can include improving employee training, implementing stricter access controls, and conducting regular audits of data access logs.

👉 Pročitaj original: SecurityWeek