FinWise data breach shows why encryption is your last defense
ID: 3f2af7f9-7d27-5e76-82f6-53f5e3e9fd23
STIX ID: report--3f2af7f9-7d27-5e76-82f6-53f5e3e9fd23
Feed Name: Bleeping Computer
Threat Score
The document describes the 2024 FinWise data breach in which a former employee used retained credentials to exfiltrate personal data for 689,000 customers (breach dated May 31, 2024) that went undetected until June 18, 2025; it criticizes FinWise's access controls and encryption practices, notes consequent legal and regulatory risk, and promotes Penta Security’s D.AMO encryption, KMS, and centralized management platform as a remediation.
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