Finastra is investigating a data breach after a hacker claimed to have compromised its internal file-transfer platform, raising concerns among clients and security experts.
On November 7, Finastra detected suspicious activity on its Secure File Transfer Platform, confirming that data had been exfiltrated and shared with customers shortly thereafter.
The hacker claimed to possess 400 gigabytes of data, including sensitive client files from Finastra's largest banking clients, raising alarms about data security in the fintech industry.
Finastra continues to assess the breach, focusing on determining affected customers while keeping clients informed about the data exfiltration without disclosing specifics.