Technology
Figure data breach exposes nearly 1M accounts
Cyber expert shares tips to avoid AI phishing scams
Kurt ‘The CyberGuy’ Knutsson shares practical ways to avoid falling victim to AI-generated phishing scams and discusses a report that North Korean agents are posing as I.T. workers to funnel money into the country’s nuclear program.
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If you have applied for a loan online, you probably shared more than you realized. Your name. Your email. Your date of birth. Maybe even your home address and phone number. Now imagine all of that sitting on a dark web forum.
That is the reality for nearly 1 million people after hackers breached Figure Technology Solutions, a blockchain-focused fintech lender.
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What happened in the Figure data breach
Figure Technology Solutions, founded in 2018, uses the Provenance blockchain for lending, borrowing and securities trading. The company says it has unlocked more than $22 billion in home equity through partnerships with banks, credit unions, fintechs and home improvement companies. However, behind the scenes, attackers were working on a very different angle.
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Nearly 1 million accounts were exposed after hackers breached fintech lender Figure Technology Solutions in a social engineering attack. (Felix Zahn/Photothek via Getty Images)
According to breach notification data shared by Have I Been Pwned, information from 967,200 accounts was exposed. The leaked data included more than 900,000 unique email addresses along with names, phone numbers, physical addresses and dates of birth. That is a gold mine for identity thieves. Figure says the incident stemmed from a social engineering attack. What that means in simple terms is that someone inside the company was tricked into handing over access.
“We recently identified that an employee was socially engineered, and that allowed an actor to download a limited number of files through their account,” a Figure Technology Solutions spokesperson told CyberGuy in a statement. “We acted quickly to block the activity and retained a forensic firm to investigate what files were affected. We understand the importance of these matters and are communicating with partners and those impacted as appropriate. We are also implementing additional safeguards and training to further strengthen our defenses. We are offering complimentary credit monitoring to all individuals who receive a notice. We continuously monitor accounts and have strong safeguards in place to protect customers’ funds and accounts.”
Social engineering is the real weapon
When people hear the word blockchain, they think secure and untouchable. But attackers did not break cryptography. They targeted a human being. Groups like ShinyHunters specialize in this playbook. They reportedly claimed responsibility for the breach and, according to BleepingComputer, posted 2.5GB of data allegedly tied to thousands of loan applicants.
In recent weeks, the same group has claimed breaches involving companies like Canada Goose, Panera Bread and SoundCloud. Not every case is connected. Still, security researchers have observed a troubling pattern. Attackers impersonate IT support. They call employees. They create urgency. Then they direct victims to fake login portals that look nearly identical to real ones.
Once employees enter credentials and even multi-factor authentication codes, attackers gain access to single sign-on systems tied to major platforms like Microsoft and Google. From there, one compromised account can unlock a web of connected tools and internal systems.
PANERA BREAD DATA BREACH EXPOSES 5.1M CUSTOMERS
Security researchers say the Figure data leak underscores how social engineering bypasses even blockchain-based platforms. (Maxim Konankov/NurPhoto via Getty Images)
Why this matters to you
If your information was part of the Figure data breach, criminals now have enough detail to craft convincing phishing emails or phone scams. They can reference your real name. They can cite your address. They can pretend to be a lender or bank calling about your application.
Even if you never applied for a loan with Figure, this incident highlights something bigger. No platform is immune to human error. And social engineering works because it targets trust, not technology.
The bigger lesson about blockchain and trust
Figure markets itself as blockchain native. Blockchain can provide transparency and strong cryptographic security. However, none of that protects against a well-crafted phone call.
Security failures often happen at the human layer. That is where attackers focus their energy. As more financial services move online, the attack surface grows. Loan applications, identity verification tools and cloud-based systems create convenience. They also create new targets.
How to protect yourself after the Figure data breach
You cannot control how companies secure their systems. You can control how you respond. Start by checking whether your email address appears in the exposed dataset, then take the steps below to lock down your accounts.
SUBSTACK DATA BREACH EXPOSES EMAILS AND PHONE NUMBERS
Figure says an employee was tricked into granting access, allowing attackers to download sensitive customer data. (Luke MacGregor/Bloomberg via Getty Images)
Check if your email was exposed
To see if your email address was affected, visit https://haveibeenpwned.com/. Enter your email address to find out whether your information appears in the leak. When finished, return here and begin Step 1 below.
Take these steps immediately
- Change any exposed passwords right away. Do not leave a known leaked password in place. Update it everywhere you used it. Use a password manager to create strong, unique passwords for every account. Check out the best expert-reviewed password managers of 2026 at Cyberguy.com
- Turn on multi-factor authentication wherever possible.
- Never share login codes with anyone, even if they claim to be IT support.
- Install strong antivirus software to help block phishing links, malicious downloads and ransomware that often follow major breaches. Get my picks for the best 2026 antivirus protection winners for your Windows, Mac, Android and iOS devices at Cyberguy.com.
- Consider a data removal service to reduce your personal information on data broker sites, which scammers often combine with breached data. Check out my top picks for data removal services and get a free scan to find out if your personal information is already out on the web by visiting Cyberguy.com.
- Place a free fraud alert or credit freeze with the major credit bureaus.
- Monitor your bank and credit card statements weekly for suspicious activity.
Also, be cautious of unexpected calls about your accounts. If someone pressures you to act immediately, hang up and call the company directly using a number from its official website.
Kurt’s key takeaways
The Figure data breach is a reminder that technology alone cannot protect sensitive information. A single employee tricked into revealing credentials can expose hundreds of thousands of people. That is not a blockchain failure. It is a trust failure. If your data was involved, take action now. Even if it was not, treat this as a wake-up call. Your personal information has value. Criminals know it. Companies should know it too.
If one phone call can unlock nearly a million records, are companies investing enough in training people, or are they still betting everything on technology alone? Let us know by writing to us at Cyberguy.com
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Copyright 2026 CyberGuy.com. All rights reserved.
Technology
Android 17’s new foldable gaming mode could make flippy phones more fun
Android 17 is getting a dedicated gaming mode for foldables that will put a virtual gamepad with touch controls on half of your screen to theoretically make it easier to play games.
With foldable gaming mode, which is set to launch in the coming months, the virtual controller emulates physical button presses at a system level and is designed to work “with any game that supports physical controllers,” says Google’s Mishaal Rahman on Reddit. For the actual inputs, the virtual controller will have a D-pad; left and right virtual sticks; A, B, X, and Y buttons; L1, L2, L3; R1, R2, and R3; and a start button. And you’ll be able to configure the gamepad in several ways, such as keeping the virtual joysticks inline or staggered from each other, scaling the size of the buttons, and toggling haptics on or off.
Turning on the mode “is as simple as unfolding your device, either before or after launching a compatible game,” Rahman says. You can also choose to hide the gamepad, and if you connect a physical controller, the virtual gamepad will turn off on its own.
“Android allows you to play a wide variety of games on the go,” says Rahman. “While touch controls work incredibly well for many titles, certain games are better enjoyed with physical gamepads. The problem is that carrying a Bluetooth controller or a snap-on gamepad with you everywhere isn’t always convenient. We want to bridge that gap, and we’re addressing it with a new feature in the Android 17 platform release that’s specifically tailored for foldable devices.”
Technology
Debt collection letter for debt you don’t owe? What to do now
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A letter arrives about a debt you don’t remember, from a company you’ve never dealt with, for an account you never opened. For a growing number of people, that notice is how they first learn someone used their identity.
Complaints to the Consumer Financial Protection Bureau (CFPB) about attempts to collect a debt not owed rose about 115% above their prior two-year average in 2025, and many of those consumers reported balances they didn’t recognize and suspected identity theft.
Before you panic or pay, it helps to understand why these letters show up and what rights you have.
WHY LAST YEAR’S BREACH IS THIS YEAR’S IDENTITY FRAUD
A collection letter for a debt you do not recognize can be the first sign that someone used your identity. (John Carl D’Annibale /Albany Times Union via Getty Images)
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Why debt collectors contact you about a debt you do not owe
When a charged-off account is sold to a collection agency, the agency receives the original creditor’s application file, including whatever identifiers were used to open it. That contact information is often 90 to 180 days out of date by the time the account changes hands.
HOW SCAMMERS BUILD A PROFILE ON YOU USING DATA BROKERS
Before the first call, the agency runs skip tracing: matching a name, Social Security number (SSN) and past addresses against public records, postal change-of-address data, property and utility records and data-broker files to find the current person behind the account. At bulk volume, each lookup costs the agency pennies.
The agency then contacts you directly, by phone or mail, whether or not you have looked at your credit file.
How fake debt can start with identity theft
The account behind the notice may have been opened with your information pulled from breaches and resold, then approved by an automated check that matched the data to an existing file without confirming that the applicant was you. Opening a new account is the leading form of attempted identity misuse reported to the Identity Theft Resource Center (ITRC), which counted it more often than takeovers of accounts people already held. What happens after is less understood.
10 SIGNS YOUR PERSONAL DATA IS BEING SOLD ONLINE
Charged-off debts, including fraudulent ones, are sold in bulk portfolios for pennies on the dollar, often with thin supporting paperwork. One fraudulent balance can be sold and resold across several agencies. A debt you dispute and clear with one collector can be repackaged and reappear with another months later.
With medical debt, a bill can sometimes move toward collections before you see every explanation of benefits, insurance update or corrected statement. That is why you should contact the provider and your insurer before paying a collector.
What debt collectors legally have to tell you
Federal law gives you a defined response, and the clock starts at first contact. Under the CFPB’s Regulation F, a collector must send a validation notice describing the debt and your rights in, or within five days of, its first communication with you.
5 MYTHS ABOUT IDENTITY THEFT THAT PUT YOUR DATA AT RISK
You have 30 days from receiving that notice to dispute the debt in writing under the Fair Debt Collection Practices Act (FDCPA). Dispute inside that window, and the collector must stop collecting until it verifies the debt.
One important note: the FDCPA generally covers third-party debt collectors, not every original creditor. However, credit reporting laws, identity theft protections and state laws may still give you rights.
If the debt came from identity theft, send the collector an FTC Identity Theft Report from IdentityTheft.gov. Also, tell the collector in writing that you dispute the debt, that it resulted from identity theft and that you want it to stop reporting the account to the credit bureaus.
IS YOUR SOCIAL SECURITY NUMBER AT RISK? SIGNS SOMEONE MIGHT BE STEALING IT
Ask Equifax, Experian and TransUnion for a block under Section 605B of the Fair Credit Reporting Act (FCRA).
With a valid identity theft report and proof of your identity, the bureaus must block the fraudulent item within four business days. A block is harder to reverse than an ordinary dispute, which counts when the same debt can be resold.
The CFPB has said it may expand the meaning of identity theft under Regulation V to cover “coerced debt,” money run up in someone’s name without their consent, including in domestic and elder abuse cases.
What to do before you pay a debt collector
Before you send money or confirm any personal details, slow down and make the collector prove the debt belongs to you.
1) Ask for proof in writing
Do not pay, promise to pay or give out more personal information during the first call. Ask for the validation notice in writing and save every letter, voicemail and call log. Then send a written dispute within 30 days.
Fake debts can start with stolen personal information and then move from one collection agency to another. (PixelsEffect/Getty Images)
2) File an identity theft report if the debt looks fake
If you believe identity theft caused the account, create an FTC Identity Theft Report at IdentityTheft.gov. Send copies to the collector, the original creditor and all three credit bureaus. Also, place a fraud alert or credit freeze with Equifax, Experian and TransUnion, so it becomes harder for someone to open another account in your name.
3) Check medical bills before paying a collector
With medical debt, contact the provider and your insurer before paying a collector. Ask for an itemized bill and an explanation of benefits. A medical bill can end up in collections while paperwork, insurance reviews or billing disputes are still catching up.
4) Respond quickly if a collector sues you
If a collector sues you, do not ignore the papers. Respond by the court deadline or contact a consumer law attorney or legal aid group. Even a debt you do not owe can create bigger problems if you miss a court deadline.
Why early fraud alerts can save you money
Once a fraudulent account charges off and sells, cleanup gets harder. You may need to dispute the debt with the collector, the original lender and all three credit bureaus. If someone resells the debt, the same problem can come back months later.
YOU HAVE A CREDIT FREEZE. IT STILL ISN’T ENOUGH
Credit monitoring can help you spot a new account or hard inquiry before the debt reaches collections. That gives you time to contact the lender, dispute the account and freeze your credit sooner.
No service can prevent every account opened in your name. However, three-bureau credit monitoring can alert you when lenders report new accounts or hard inquiries. That can help you act before a collections notice arrives or a lender denies you credit.
See my tips and best picks on Best Identity Theft Protection at CyberGuy.com.
Kurt’s key takeaways
A collection letter for an unfamiliar debt deserves a closer look. It may mean someone opened an account in your name. Do not pay just to stop the calls. Ask for written validation and dispute the debt fast. If someone misused your information, file an FTC Identity Theft Report. Then freeze your credit and check all three credit reports. Early alerts can help you catch fraud before collections begin. That can save you money, time and stress.
Have you ever gotten a collection letter or call for a debt you knew you did not owe, and what did you do first? Let us know by writing to us at CyberGuy.com.
Before paying a collector, ask for written proof, dispute the debt and file an FTC Identity Theft Report if fraud is involved. (Daniel de la Hoz/Getty Images)
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Copyright 2026 CyberGuy.com. All rights reserved.
Technology
Here’s a bunch of Prime Day deals on keyboards, mice, and other peripherals we like
RAMageddon has come for computers. The price of memory chips, hard drives, and solid state storage has skyrocketed. That’s led to price increases on desktop and laptop RAM, SSDs, spinning hard drives, and pretty much everything that uses any of those things. Consoles are more expensive. Desktops are more expensive. Laptops are more expensive. Tablets and phones are more expensive. Even MacBooks, which started out expensive but then started looking like a pretty good deal, just got more expensive.
All that sucks. But if (if) there’s a silver lining, it’s that most of the stuff you plug into a computer — keyboards, mice, webcams, monitors, and so forth — isn’t getting bananas expensive. Actually, there are some good deals out there.
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