Affirm's (AFRM) Card Issuer Evolve Bank Under Cyber Attack

Affirm Holdings, Inc. (AFRM) recently announced that the personal information of its cardholders may have been compromised in the Evolve Bank and Trust’s cyber-attack last week. The cybercriminals involved in this breach are the gang of LockBit, who published the stolen data on the dark web. Evolve, a third-party issuer, issues Affirm’s cards, providing a buy now pay later option to 18 million customers.Affirm has clarified that its systems remain secure. However, data shared with Evolve Bank for card issua ...