Finastra is currently investigating a significant data theft from its internal file transfer platform, with over 400 gigabytes of customer data being sold by cybercriminals.
On November 7, 2024, a security breach was detected on Finastra's file transfer platform, leading to notifications sent to financial institution customers regarding the issue.
With a footprint in 42 countries, Finastra plays a crucial role in the financial services sector, processing vast amounts of digital files crucial for bank operations.
The incident has raised alarms due to Finastra's extensive network, serving 45 of the world's top 50 banks and handling sensitive wire transfer instructions.
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