Back
Figure Technology Confirms Data Breach

Figure Technology Confirms Data Breach

Figure Technology offers credit monitoring following a social engineering attack linked to Okta, which resulted in ShinyHunters leaking 2.5GB of customer data.

Fact Check
A reputable technology news outlet with high authority and strong relevance reports that Figure Technology confirmed a data breach and includes statements attributed to a company spokesperson, which constitutes direct confirmation relayed by a credible source. Other listed sources are either general, unrelated, or do not address the incident; none contradict the confirmation. While additional corroboration from a company press release or regulator notice would further strengthen certainty, the available evidence consistently supports the claim without conflict.
    Reference: 1
Summary

Blockchain lending platform Figure confirmed a data breach stemming from a social engineering attack on an employee, reportedly part of a wider targeting of companies using Okta. Hacking group ShinyHunters leaked 2.5GB of data, including names and addresses, after a failed ransom demand. Figure is offering credit monitoring to affected individuals.

Terms & Concepts
  • Blockchain Lending: A financial service model utilizing distributed ledger technology to process and secure loans, offering an alternative to traditional banking.