Identity theft of 225,000 customers takes place at Latitude Financial Services

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Australian firm Latitude Financial Services is hitting news headlines as a cyber attack on its servers has led to the data breach of 225,000 customers. Among the stolen data, a majority of the documents are related to driving licenses, employee login details, and such.

The company which has over 2.8 million customer information in its database has launched a forensic investigation on this note and told that it will provide its company services such as issuance of personal credit cards, travel credit cards and short-term personal loans as usual.

Latitude offers ‘buy now-pay later’ facility to a number of Australian retailers such as David Jones and Harvey Norman has assured that it will post more details as soon as the investigation gets over.

Note 1- Usually, hackers are always in lookout for such info, as they can stitch all these bits and pieces of data, to create a user profile and launch phishing or any other type of social engineering attack.

Note 2- Cyber Attacks on Australian firms have become common these days, and the government to play its part, has issued stringent measures to firms and businesses to take adequate Cybersecurity measures to protect against state-funded attacks.

Note 3- Since the Anthony Albanese-led government is lending its helping hand to Ukraine by supplying essentials, finances, and ammunition; the suspicion finger automatically points out toward Moscow.

Note 4- Australian Cyber Security Centre is working with relevant law enforcement forces to investigate the data theft in detail.

 

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Naveen Goud is a writer at Cybersecurity Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security

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