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Publicly Traded Blockchain Lender Figure Confirms Customer Data Breach


by Peter Mwangi
for CoinEdition
Publicly Traded Blockchain Lender Figure Confirms Customer Data Breach

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AI Overview

Figure Technology confirmed a customer data breach due to a social engineering attack on an employee, leading to unauthorized access to personal data. The company is offering credit monitoring to affected users and plans a secondary stock offering alongside a $30M share buyback.

Bearish
  • Figure confirms customer data breach after employee-targeted social engineering attack.
  • ShinyHunters claims 2.5GB leak as lender offers credit monitoring to affected users.
  • Breach emerges as Figure plans secondary stock offering and $30M share buyback.

Figure Technology, a publicly traded blockchain-based lender, disclosed that hackers accessed customer information after an employee was targeted in a social engineering attack. The company said the incident allowed an unauthorized actor to download a limited number of files containing personal data.

In a statement, Figure said it identified that an employee had been socially engineered, enabling an external actor to access files through the employee’s account. The company stated that it moved quickly to block the activity and retained a forensic firm to determine which files were affected.

The hacking group Shi…

Read The Full Article Publicly Traded Blockchain Lender Figure Confirms Customer Data Breach On Coin Edition.

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Publicly Traded Blockchain Lender Figure Confirms Customer Data Breach


by Peter Mwangi
for CoinEdition
Publicly Traded Blockchain Lender Figure Confirms Customer Data Breach

Share:

AI Overview

Figure Technology confirmed a customer data breach due to a social engineering attack on an employee, leading to unauthorized access to personal data. The company is offering credit monitoring to affected users and plans a secondary stock offering alongside a $30M share buyback.

Bearish
  • Figure confirms customer data breach after employee-targeted social engineering attack.
  • ShinyHunters claims 2.5GB leak as lender offers credit monitoring to affected users.
  • Breach emerges as Figure plans secondary stock offering and $30M share buyback.

Figure Technology, a publicly traded blockchain-based lender, disclosed that hackers accessed customer information after an employee was targeted in a social engineering attack. The company said the incident allowed an unauthorized actor to download a limited number of files containing personal data.

In a statement, Figure said it identified that an employee had been socially engineered, enabling an external actor to access files through the employee’s account. The company stated that it moved quickly to block the activity and retained a forensic firm to determine which files were affected.

The hacking group Shi…

Read The Full Article Publicly Traded Blockchain Lender Figure Confirms Customer Data Breach On Coin Edition.

Read the article at CoinEdition

Share:

Share:

Read More

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Crypto Market Rebound Wipes Out Nearly $500 Million in Short Positions

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