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Last week, the fintech company YouX discovered signs of a possible cyber incident.
The perpetrator alleged they had accessed data from 629,597 loan applications, along with 607,822 residential addresses, 444,538 pieces of personal information such as names and phone numbers, and 229,236 driver’s licenses.
YouX operates a platform that facilitates the completion of loan applications for finance brokers and lenders.
In a recent update, YouX disclosed that its investigation had uncovered “unauthorized access to its systems by a third party.”
The company stated, “We have learned that a threat actor has released data purportedly obtained through this unauthorized access.”
“As a result, we have identified that personal information may have been compromised.
“In accordance with our legal obligations, we have kept the Office of the Australian Information Commissioner informed throughout this matter.
“Now that the incident has evolved, we will continue lodging the appropriate regulatory notification. We will also be commencing the appropriate regulatory notifications to affected individuals whose information may have been compromised.”
YouX has implemented additional security and monitoring across its systems and is working to better its response measures.
“We regret that this incident has occurred and recognise the importance of transparency,” the company said.
The hacker also claimed to have taken data belonging to 797 broker organisations and 90 downstream leaders, including some of the major banks.
The scope of the breach is unclear at this stage. 9news.com.au has approached YouX for further comment.
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