Transmit Security, Authentication Company Used by Banks, Hacked

guest · Feb 26, 2020

Transmit Security, Authentication Company Used by Banks, Hacked
The breach impacted email addresses, passwords, phone numbers, and other sensitive information
February 25, 2020
https://www.vice.com/en_us/article/wxepb4/transmit-security-authentication-banks-hacked

This week a cybersecurity company called Transmit Security, that focuses on providing corporate clients with tools to securely log users into different services, notified customers of a data breach at the firm. The breach impacted over a thousand email addresses, passwords, phone numbers, and other sensitive information, according to a researcher mentioned in Transmit Security's breach notification message.

Transmit Security works with a number of large banks, including TD Bankand the First International Bank of Israel.
The customer notification message says that a security researcher contacted some of Transmit Security's customers on Monday [...]

"Based on information provided by the researcher it seems that the attackers gained access to NextCloud, a file sharing support-system through which Transmit distributes mainly binaries to customers," the message reads. Transmit Security has shut down its NextCloud system in response, the message adds.
In a statement, Craig Currim, head of field engineering for Transmit Security, said source code for the Transmit Security software was not leaked.
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