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Monzo security breach: digital bank is asking some customers to change their pin

Posted on August 5, 2019 by Dissent

Jake Tucker reports:

British banking start-up Monzo has reached out to around half a million customers after a glitch revealed plain text PIN details to engineers.

Those contacted have been asked to change their card PIN after the security hiccup, but it’s a substantial breach of security and bad news for the digital bank, which has some 2.5m customers and has just launched in the United States.

Read more on TrustedReviews.

Related posts:

  • At least 480,000 Brit bank customers told to change pins Monzo discovers data storage error
Category: ExposureFinancial SectorNon-U.S.

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