Figure Technologies has announced a significant data breach resulting from a social engineering attack that compromised customer files. As pointed out in the source, it is important to note that the incident highlights the vulnerabilities that can arise from human error, rather than technical flaws in the company's blockchain system.
Data Breach Overview
The breach occurred when an internal account was exploited to download a limited batch of records, leading to the exposure of sensitive customer information. The hacker group ShinyHunters has claimed responsibility for the attack, releasing approximately 25GB of data online after ransom negotiations reportedly failed.
Details of the Leaked Data
The leaked data includes critical personal details such as full names, home addresses, dates of birth, and phone numbers, which can be exploited for identity theft and targeted scams. While Figure Technologies has not disclosed the exact number of affected customers, security experts emphasize that the risks associated with such data exposure can be severe, even in the absence of direct financial loss.
Company Response
In response to the breach, Figure Technologies is offering free credit monitoring services to those impacted and is conducting a comprehensive internal review to better understand the situation and prevent future incidents.
In light of the recent data breach at Figure Technologies, it is crucial to consider the broader implications of cybersecurity threats. A report reveals that hackers are exploiting workforce monitoring tools for ransomware attacks, highlighting the evolving tactics of cybercriminals. For more details, see read more.
