Finance

Latitude Financial hack may have been bigger than first believed

Published

on

Latitude Monetary hack of Aussies might be greater than first believed as firm points a obscure assertion warning of assault was ‘giant scale’

  • Aussie lender Latitude reported a cyber assault final week
  • It is affected present and former clients in Aus and NZ 
  • Licences, passports and Medicare numbers have been stolen

Extra Australians than first believed could have had their private knowledge stolen following a cyber assault on high lender Latitude Monetary. 

Advertisement

The Melbourne-based monetary agency – which supply short-term loans, bank cards and a purchase now pay later service with retailers equivalent to JB Hello-Fi, Harvey Norman and Apple – initially reported a knowledge breach final Thursday, within the largest recognized hack on an Australian firm this yr up to now.

Then, the enterprise estimated that about 330,000 clients had been caught up within the breach. 

However Latitude revealed this week that, following an inner evaluation, the corporate remains to be making an attempt to find out what number of clients in Australia and New Zealand have been affected – confirming that the hack had hit each present and former shoppers. 

Private knowledge that was stolen within the breach consists of drivers licences, passports and Medicare numbers. 

Latitude Financial hack may have been bigger than first believed

Tens of millions of Aussies could have had their data stolen following a cybersecurity assault on finance agency, Latitude (inventory picture)

‘Latitude is dedicated to retaining our clients, companions, workers and the broader neighborhood as updated as attainable as we reply to this assault,’ the assertion learn.

Advertisement

‘We’re persevering with our forensic evaluation to find out the complete extent of the assault on Latitude and the quantity of non-public data stolen by the attacker.’

Latitude claimed that ‘to the most effective of our data’ no knowledge had been taken from the corporate’s system since final Thursday however the evaluation discovered ‘additional proof of large-scale data theft affecting clients’.

‘Our individuals are working urgently to establish the entire variety of clients and candidates affected and the kind of private data that has been stolen,’ Latitude mentioned.

‘We admire how irritating this newest improvement will likely be for our clients and we unreservedly apologise.’

The corporate has promised to supply an additional replace on the ordeal ‘as soon as we have now decided the complete extent of the theft’.

Advertisement

They may also contact clients and candidates who’ve been affected by the hack.

‘Our focus stays firmly on containing this assault, progressing our forensic evaluation of the actions taken by the attacker and restoring operational functionality regularly over the approaching days,’ Latitude added.

The Melbourne-based lender, who supply short-term loans, bank cards and a purchase now pay later service with retailers equivalent to JB Hello-Fi, Harvey Norman and Apple, reported the info breach final Thursday (inventory picture)

Latitude confirmed present and former clients in Australia and New Zealand have been affected by the info breach following an inner evaluation

The cybersecurity breach has infuriated Latitude’s estimated 2.8milllion buyer base.

Many slammed the lender for not informing clients earlier on what private data was stolen and who had been affected. 

It comes months after telecommunications firm Optus and certainly one of Australia’s largest medical insurers Medibank grew to become targets of two separate cyber assaults.

Advertisement

Hackers stole data from Optus’ 2.8 million clients together with their passport and drivers licence numbers, e-mail and residential addresses, dates of start and phone numbers.

They managed to steal the info after reportedly exploiting a weak point within the firm’s firewall. 

The Medibank hack is estimated to have affected 9.7million clients, a few of whom had their tax file numbers, checking account data and medical checks swiped.

Advertisement

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Trending

Exit mobile version