> ... I don't think state-sponsored attackers are a major problem ...
The small and new nature of the Monzo makes it an attractive target.
An attacker may well use slightly smaller, slightly less established business to other, more established businesses, as a pivot point. Since this is a 'bank' it will have some connection with other institutions. It does not need to be SWIFT or similar to be exploited.
> ... don't think state-sponsored attackers are a major problem. Those rarely need the money ...
I disagree with this too. State-sponsored APTs may very well take advantage of financial gains, both to enrich the attacking country, and throw off investigations. (e.g. DPRK, Iran)
The small and new nature of the Monzo makes it an attractive target.
An attacker may well use slightly smaller, slightly less established business to other, more established businesses, as a pivot point. Since this is a 'bank' it will have some connection with other institutions. It does not need to be SWIFT or similar to be exploited.
> ... don't think state-sponsored attackers are a major problem. Those rarely need the money ...
I disagree with this too. State-sponsored APTs may very well take advantage of financial gains, both to enrich the attacking country, and throw off investigations. (e.g. DPRK, Iran)
Just my opinion.