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Finastra Technology, Inc. Data Breach

Posted on behalf of Arnold Law Firm in

NOTICE: If you received a NOTICE OF DATA BREACH letter from Finastra Technology, contact the Arnold Law Firm at (916) 777-7777 to discuss your legal options, or submit a confidential Case Evaluation form here.

​​​​​​​​On July 3, 2025, Finastra Technology, Inc. (“Finastra”) reported a significant cybersecurity incident to the California Attorney General’s Office. The incident involved unauthorized access to Finastra’s Secure File Transfer Platform (SFTP) between October 31 and November 8, 2024 (the “Data Breach”). The subsequent investigation confirmed that certain files containing customer private data had been exfiltrated. Recently, Finastra has begun sending data breach notification letters to those affected. Impacted individuals are being offered two years of complimentary identity protection and credit monitoring services through Experian IdentityWorks. If you received a data breach notification letter, it confirms that your data was affected by this Data Breach.. Finastra is a global financial technology leader headquartered in London, United Kingdom. Through its extensive U.S. operations and subsidiaries, Finastra provides banking and financial software solutions to more than 8,100 financial institutions worldwide, including 45 of the world’s top 50 banks. Finastra employs approximately 7,000 staff globally and generates about $1.9 billion in annual revenue.

WHAT INFORMATION IS INVOLVED IN THE FINASTRA TECHNOLOGY, INC. DATA BREACH?

Finastra Technology Inc. Data BreachFinastra has not yet specified which data elements were accessed. However, the following types of information may have been involved:: 
  • Full name
  • Social Security number
  • Financial account information,
  • Other sensitive personal information.
We are actively monitoring any updates and will provide more specific information as it becomes available. This information is called your Personally Identifiable Information (“PII”). It tells others about you and is considered part of your identity. Businesses are required to secure this information or risk facing statutory penalties, among other legal penalties. Stolen PII can be used by identity thieves to engage in fraudulent activity using your identity.  The best way to protect yourself after a data breach is to sign up for credit and identity protection services as soon as possible.  California offers extra protections and legal rights to its residents through the California Consumer Privacy Act (“CCPA”). NOTICE: If you received a NOTICE OF DATA BREACH letter from Finastra Technology, contact the Arnold Law Firm at (916) 777-7777 to discuss your legal options, or submit a confidential Case Evaluation form here.

Settlement - $3,767,000

Truck Accident

A 20-year-old man who had been married for just 12 days left home on his way to work. He was driving on Pleasant Grove Road in Sutter County in the early morning when he came upon a slow-moving truck. As he pulled out to pass the truck, the truck driver turned left in front of him. The young man attempted to steer back into his lane but his vehicle struck an un-flagged piece of metal extending from the back of the truck. He died in the resulting crash.

Expert witnesses brought in by the Arnold Law Firm proved that the truck, owned and operated by a hauling firm, should never have been on the highway that morning. Specifically, the rear and side turn signals did not work and the rear-view mirror was in a poor state of adjustment at the time of the collision. As a result, the driver, who had failed to properly inspect the vehicle before setting out that morning, couldn’t see the young man’s vehicle as it attempted to pass.

The poor condition of the truck, its lack of maintenance and the manner in which it was operated were found to be substantial factors in causing the collision that killed the young man. The testimony also established that the man had been making a lawful pass at the lawful speed limit and acted reasonably when he attempted to avoid the collision.

The man’s 20-year-old widow was awarded $3,767,000.77, his parents were awarded $185,131 and the family was reimbursed $11,899 in funeral expenses. Though money is a poor substitute for a young man’s life, this verdict demonstrates that drivers who endanger the lives of others will be held accountable for their actions.