Interestingly, Flutterwave is PCI-DSS Level 1 Certified. This certification ensures that they adhere to the highest standards of safety when processing card information. Additionally, they are ISO 27001 & 22301 certified, demonstrating a robust investment and engagement in information security management system.

While those factors don't necessarily mean you are immune to breaches as Microsoft, Apple, Meta, Twitter, Dropbox, Dell and even US government have experienced data breaches or cyberattacks in 2024 alone, Flutterwave may need to provide more details on this to assure their customers.

Omoawoke:
Investment in cybersecurity is paramount

aieromon:


https://techcabal.com/2024/05/16/exclusive-flutterwave-loses-₦11-billion-in-security-breach

This one Na inside job . Haba Na only dem all the time. definitely Na inside job

A lot of high profile frauds are happening in our financial sector. You see some guys balling and you wonder if you are that lazy or not smart enough. The fraud is massive, banks and financial organizations are all in the know of this crimes.

Wasn’t this company demystified for the yahoo boy scam it was?

omoadeleye:
Probably Flutterwave management are laundering money on a low-key

Not probably

You're smart

omoadeleye:
Probably Flutterwave management are laundering money on a low-key

That’s my exact opinion in these matters.

Stop hiring and firing people indiscriminately
No one knows your system flaws like insiders
Your system architecture needs overhauling

yesloaded:



You have no knowledge about what you are talking about

It's high time for court to grill flutterwave & let them speak the truth

pls explain like i am a dummy, how is the fund being laundered

There was a time back Last year where one of my boys came crying to me how he had been lured into one of these crypto Ponzi schemes and he lost all his money overnight. I was deeply shaken and carried out several investigations only to discover that this Flutterwave and Wema bank were the Chief anchor payment medium for those thieves ultimately nothing could be done to recover the funds. Today this same Flutterwave is in the news safe to say Karma has come unannounced enjoy your pains

There was a time back Last year where one of my boys came crying to me how he had been lured into one of these crypto Ponzi schemes and he lost all his money overnight. I was deeply shaken and carried out several investigations only to discover that this Flutterwave and Wema bank were the Chief anchor payment medium for those thieves ultimately nothing could be done to recover the funds. Today this same Flutterwave is in the news safe to say Karma has come unannounced enjoy it

lapazi:
Bad actors will always test your system

If you want to accuse Kanayo O Kanayo please do so with your full chest. Don’t come and be following corner. Cyber hacking is a serious crime.

Too bad but they should tighten up security even though, the culprit（s） would be arrested and the money recovered.

BenuePolitician:
There was a time back Last year where one of my boys came crying to me how he had been lured into one of these crypto Ponzi schemes and he lost all his money overnight. I was deeply shaken and carried out several investigations only to discover that this Flutterwave and Wema bank were the Chief anchor payment medium for those thieves ultimately nothing could be done to recover the funds. Today this same Flutterwave is in the news safe to say Karma has come unannounced enjoy it

Chief DSS, or what's your department at EFCC again？ Oh! you could be the commissioner or the IGP. But this your lamba get grade sha, Mr Investigator. Are you in anyway related to our Anambra and current LP you-know-who？

Flutterwaves will overcome this, if you care to know. Security breaches can happen anywhere.

yesloaded:



You have no knowledge about what you are talking about

It's high time for court to grill flutterwave & let them speak the truth

I’m telling you , before another Patricia situation occurs and customers lose their money

1 flutter wave has abysmally poor cyber security mechanisms...
2. Most likely many of the owners of the recipient bank accounts were unaware that the funds were illicit.

Chicken change

Shikena:
Interestingly, Flutterwave is PCI-DSS Level 1 Certified. This certification ensures that they adhere to the highest standards of safety when processing card information. Additionally, they are ISO 27001 & 22301 certified, demonstrating a robust investment and engagement in information security management system.

While those factors don't necessarily mean you are immune to breaches as Microsoft, Apple, Meta, Twitter, Dropbox, Dell and even US government have experienced data breaches or cyberattacks in 2024 alone, Flutterwave may need to provide more details on this to assure their customers.

Bro this is key cyber intelligence nuggets you are giving out for free.

Omoawoke:
Investment in cybersecurity is paramount

I was just about to say the same thing.

NoniblaqStore:
Flutterwave is the Nigerian version of coca-cola. No matter how try to bring them down, Dey go still find way survive and bounce back like nothing happened. If you are a man that wears shirts, see my thread now. I have something amazing for.

if they like they should not invest heavily in security, they will soon go very down like Nokia. Cokecola formula is even more secure than them.

Una don start

Sctests:
Insider job.

You sent N11 billion to 6,000 random bank accounts, you no see my own account? Wey my share?

Hahahahahaha

PHAYOL81:



Chief DSS, or what's your department at EFCC again？ Oh! you could be the commissioner or the IGP. But this your lamba get grade sha, Mr Investigator. Are you in anyway related to our Anambra and current LP you-know-who？

Flutterwaves will overcome this, if you care to know. Security breaches can happen anywhere.

This must be one of their agents. Flutterthieves

yesloaded:



You have no knowledge about what you are talking about

It's high time for court to grill flutterwave & let them speak the truth

Two truths can co-exist. both of una correct, that sham company is complicit in all of this wahala

They should query the managements , because inside job would be involved . They are just given themselves bad names , maybe they founder is ready to pack up and this is the only way or money laundering is playing out .

nathyx:


This must be one of their agents. Flutterthieves

Continue. Flutterwaves will always be on your everyday feed of increasingly successful firm, like or loathe them. Your useless propaganda ain't changing nothing. This breach is just a rough phase and surely, they'll sail out of the storm with bigger success stories than they ever had.

omoadeleye:
Probably Flutterwave management are laundering money on a low-key

u have sense... Read about Enron USA scam

PHAYOL81:


Continue. Flutterwaves will always be on your everyday feed of increasingly successful firm, like or loathe them. Your useless propaganda ain't changing nothing. This breach is just a rough phase and surely, they'll sail out of the storm with bigger success stories than they ever had.

So you think aiding and supporting schemes that defraud millions of innocent Nigerians of their hard earned money are signs of a successful company right?? You and this Flutterwave are the reason why poor many Nigerians can't use binance to trade their legit crypto because you (Flutterwave) have gone about sponsoring terrorism and illegal money laundering schemes all because you have the power and connection. Truth is that the hackers stole the money and distributed it to 6000 accounts for free should let you know that they did do it to gain a penny from it but to punish Flutterwave for their many wrong doings. Flutterwave should continue your illegal schemes the wheels of justice grind slow but ultimately grinds to a halt so no escape for the evil corrupt