The Monzo PIN Flaw: An Interview with logo

Last Updated on 8 June 2023 by admin

After data of nearly half a million customers of Monzo Bank was left in an insecure file, accessible to some Monzo employees, our founder, Marios, speaks to Wired about the PIN data breach.

Monzo’s security PIN flaw explained

Half a million customers of Monzo, one of the UK’s digital challenger banks, have been advised to change their PINs after they were left in a vulnerable file accessible by the company’s engineers for more than half a year.

Monzo, which announced the issue in a blog post on 5 August 2019, admitted that the security breach resulted in 480,000 customers’ PINs being made theoretically accessible to rank-and-file employees for months. So what does that mean for you if you’ve got one of the company’s bright pink bank cards?

Read the full article: Monzo’s PIN security breach explained