Authentication software provider Okta is now acknowledging that hackers may have accessed the data of more than 350 of its customers in January when they gained access to the account of a third-party customer service engineer, after appearing to downplay this possibility yesterday. “After a thorough analysis of these claims, we have concluded that a small percentage of customers –...
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Fintech’s Big Wakeup Call
Fintechs were supposed to transform banking by making it dead simple for users to open savings accounts or pay their bills. But a series of recent high-profile setbacks with both fintechs and the traditional banking sector is setting off alarm bells. This month’s series of bank collapses has shined a spotlight on the health of small banks, typically a behind-the-scenes partner of...
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