Cyber hit on major Australian financial company impacts 300k customers

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A major Australian financial company has revealed it has been the victim of a 'malicious cyberattack' in which data of hundreds of thousands of customers has been stolen, including copies of driver's licences.

Latitude Financial has announced it is the victim of a"sophisticated and malicious cyberattack" which has impacted the data of hundreds of thousands of customers.

Latitude, which was listed on the ASX in 2021, said it"detected unusual activity on its systems" in the last couple of days.Latitude Financial Services has been the victim of a"malicious" cyberattack. Picture: Ian Currie As of Thursday, Latitude believes about 103,000 identification documents were stolen from the first service provider and another 225,000 customer records were stolen from the second service provider.

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who is the culprit? cybersecurity ClareONeilMP

Seems like the only time you find out what has happened is via the media, shame they don’t tell their clients

Perhaps the solution is for companies to stop holding on to certain types of data.

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