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Title: Fintech Giant Finastra Investigating Data Breach

Link: https://it.slashdot.org/story/24/11/21/204325...

An anonymous reader quotes a report from KrebsOnSecurity: The financial
technology firm Finastra is investigating the alleged large-scale theft of
information from its internal file transfer platform, KrebsOnSecurity has
learned. Finastra, which provides software and services to 45 of the world's
top 50 banks, notified customers of the security incident after a
cybercriminal began selling more than 400 gigabytes of data purportedly
stolen from the company. London-based Finastra has offices in 42 countries
and reported $1.9 billion in revenues last year. The company employs more
than 7,000 people and serves approximately 8,100 financial institutions
around the world. A major part of Finastra's day-to-day business involves
processing huge volumes of digital files containing instructions for wire and
bank transfers on behalf of its clients. On November 8, 2024, Finastra
notified financial institution customers that on Nov. 7 its security team
detected suspicious activity on Finastra's internally hosted file transfer
platform. Finastra also told customers that someone had begun selling large
volumes of files allegedly stolen from its systems. "On November 8, a threat
actor communicated on the dark web claiming to have data exfiltrated from
this platform," reads Finastra's disclosure, a copy of which was shared by a
source at one of the customer firms. "There is no direct impact on customer
operations, our customers' systems, or Finastra's ability to serve our
customers currently," the notice continued. "We have implemented an
alternative secure file sharing platform to ensure continuity, and
investigations are ongoing." But its notice to customers does indicate the
intruder managed to extract or "exfiltrate" an unspecified volume of customer
data.

Read more of this story at Slashdot.

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