HomeData BreachLargest non-bank lender in Australia warns of a data breach

Largest non-bank lender in Australia warns of a data breach

Firstmac Restricted is warning clients that it suffered a data breach a day after the brand new Embargo cyber-extortion group leaked over 500GB of information allegedly stolen from the agency.

Firstmac is a major participant in Australia’s monetary providers trade, focusing totally on mortgage lending, funding administration, and securitization providers.

Headquartered in Brisbane, Queensland, and using 460 individuals, the agency has issued 100,000 house loans and at present manages $15 billion in mortgages.

Yesterday, Have I Been Pwned creator Troy Hunt printed on X a pattern of the notification letter despatched to Firstmac clients, informing them of a extreme data breach.

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“Firstmac recentrly skilled a cyber incident the place an unauthorised third social gathering accessed part of our IT system,” reads the letter.

“As quickly as we detected the incident, we took steps to right away safe our system.”

From the investigation that adopted, assisted by exterior cybersecurity specialists, Firstmac decided that the under info was compromised:

  • Full title
  • Residential deal with
  • E-mail deal with
  • Cellphone quantity
  • Date of delivery
  • Exterior checking account info
  • Driver’s license quantity
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Regardless of that, Firstmac assured recipients that their accounts and funds are safe, and the agency’s programs have now been appropriately bolstered.

Among the many measures that had been launched to strengthen security is a brand new requirement for all account modifications to substantiate the person’s identification utilizing two-factor authentication or biometrics.

Recipients of the notices are supplied with free identification theft safety providers by means of IDCare and are suggested to stay cautious with unsolicited communications and usually test their account statements for uncommon exercise.

New Embargo gang claimed the assault

Australian information retailers reported concerning the assault on Firstmac in late April after the Embargo extortion group introduced it on its knowledge leak website.

On Thursday, Embargo leaked all knowledge they claimed to have stolen from Firstmac’s programs, together with paperwork, supply code, e mail addresses, telephone numbers, and database backups.

Embargo leak
Embargo leak of Firstmac knowledge
Supply: BleepingComputer

The brand new menace group at present solely lists two victims on its extortion web page, and it’s unknown if they’ve dedicated the breaches themselves or purchased the stolen knowledge from others to blackmail the homeowners.

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Samples of Embargo encryptors have but to be discovered, so it is unknown if they’re a ransomware group or merely concentrate on extortion.

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