Summary:
- Flagstar Bank, a Michigan-based financial services provider, has experienced a data breach affecting 837,390 of its US customers.
- The breach happened through a third-party service provider, Fiserv, and was traced back to vulnerabilities in MOVEit Transfer, a file transfer software used by Fiserv.
- The unauthorized activity occurred between May 27 and 31, 2023, allowing threat actors to access and obtain customer information.
- Flagstar Bank promptly acted upon discovering the breach, initiated an investigation, and remediated the vulnerabilities.
- They have provided complimentary identity monitoring services to affected customers through Kroll for two years.
- Flagstar Bank has experienced two previous cybersecurity breaches in 2021.
Hashtags:
#FlagstarBank #data breach #MOVEitTransfer #Fiserv #cybersecurity #identitymonitoring
https://www.infosecurity-magazine.com/news/flagstar-bank-moveit-breach/