Latitude Financial Reveals Extent of Cyber Attack: 14 Million Customers Affected

 

Recently, Latitude Financial, a company listed on the Australian Securities Exchange (ASX), reported that it had suffered a cyber attack.
The company stated that the attack was believed to have originated from a major vendor used by the company and that the attacker had obtained login credentials from an employee. The attacker then used these credentials to steal personal information that was held by two other service providers. 
Latitude Financial provides a range of financial services, including loans, credit cards, and insurance, in Australia, New Zealand, Canada, and Singapore.
The company also offers interest-free installments for customers of retailers such as JB Hi-Fi, The Good Guys, and David Jones when they shop online. 
Following the attack, DXC Technology, a global technology services company, issued a statement on its website confirming that its global network and customer support networks were not compromised in the attack on Latitude Financial. 
Ten days after Latitude Financial revealed that it had suffered a cyber attack, the company discovered that the breach was much more severe than initially believed. Data from 14 million people had been accessed, rather than the 330,000 that was initially thought. 
The attacker had used the stolen employee credentials to access custo

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