Affirm's (AFRM) Card Issuer Evolve Bank Under Cyber Attack
AFRMAffirm(AFRM) ZACKS·2024-07-03 01:30

Affirm Holdings, Inc. (AFRM) recently announced that the personal information of its cardholders may have been compromised in the Evolve Bank and Trust’s cyber-attack last week. The cybercriminals involved in this breach are the gang of LockBit, who published the stolen data on the dark web. Evolve, a third-party issuer, issues Affirm’s cards, providing a buy now pay later option to 18 million customers. Affirm has clarified that its systems remain secure. However, data shared with Evolve Bank for card issu ...