All news with #penta security tag

FinWise Breach Highlights Encryption and Insider Risk

🔒 The FinWise data breach involved a former employee who retained credentials and accessed systems on May 31, 2024, exposing personal records for 689,000 American First Finance customers. The intrusion remained undetected until June 18, 2025, prompting lawsuits alleging inadequate encryption and weak security governance. Experts say robust protection requires not only encryption but effective key management, strict access controls, and proactive monitoring. Vendor solutions such as D.AMO are presented as integrated platforms combining encryption, an isolated KMS, and centralized control to mitigate insider risk.