How I got ‘hacked’ and what that says about the banking system

Quick Summary:

Even though Evolve’s most recent regulatory filing says that it has just over 280,000 accounts, the bank says the hack exposed the customers’ names, bank info and social security numbers of as many as 7.6mn individuals.

How my personal data was stolen from a bank that I never was a client of and how my wife ended up with nearly $500 that I don’t think is hers is evidence of how interconnected and messy and vulnerable our current banking system is.

I have one bank account, jointly with my wife, that we opened in person at a New York City branch of one of the nation’s largest banks nearly two decades ago.

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Article Details

Author / Journalist: Stephen Gandel

Category: MarketsFinanceInvesting

Markets: United StatesOman

Topics: Banks Data Evolve Accounts Synapse Fintechs Missing Small Copper Bank Account

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-03 @ 04:00:13 (14 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 905 words

Reading Time: 6 minutes read

Sentences: 43 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 21902839

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About Financial Times

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 4 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 1 days ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

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News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #3

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