Fintech firm Marquis alerts dozens of US banks and credit unions of a data breach after ransomware attack
In a significant cybersecurity breach, ransomware hackers have reportedly stolen extensive banking customer data, exposing sensitive personal information and financial records of hundreds of thousands of individuals. The breach, highlighted by cybersecurity expert Marquis, includes critical data such as Social Security numbers, account details, and other private information that could lead to identity theft and financial fraud. As investigations unfold, experts anticipate that the number of affected individuals may continue to climb, raising alarms about the potential ramifications for both consumers and financial institutions.
This incident underscores the growing threat posed by ransomware attacks, which have become increasingly sophisticated and prevalent in recent years. Cybercriminals often target financial institutions due to the wealth of sensitive data they hold. In this case, the breach not only compromises individual privacy but also undermines trust in banking systems. Financial experts warn that customers should remain vigilant, monitoring their accounts for suspicious activity and considering identity theft protection services. The ramifications of such data breaches can be severe, leading to long-term financial and emotional distress for victims. As banks and regulatory bodies scramble to respond, the incident serves as a stark reminder of the importance of robust cybersecurity measures and the need for consumers to stay informed about their data security.
Marquis said ransomware hackers stole reams of banking customer data, containing personal information and financial records, as well as Social Security numbers, belonging to hundreds of thousands of people. The number of affected people is expected to rise.
