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LockBit’s latest attack shows why fintech needs more zero trust
LockBit claiming to have breached the U.S. Treasury and, instead, exfiltrated customer data from a bank is a common deception strategy.
Affirm, Airwallex, Alloy, Bond (now part of FIS), Branch, Dave, EarnIn, Marqeta, Mastercard, Melio, Mercury, PrizePool, Step, Stripe, TabaPay and Visa are all Evolve customers. LockBit claiming to have breached the U.S. Treasury and, instead, exfiltrated customer data from a bank is a common deception strategy ransomware attackers use in an attempt to increase their street credibility and keep affiliates using their adversarial technologies and services, including RaaS. It should be something that adds to your business resiliency, and it should be something that helps protect the productivity gains of digital transformation.” Strong zero-trust frameworks provide the foundation needed to scale and harden cyber-resilience and cybersecurity corporate-wide.
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