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

Gandalf_The_Grey

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Firstmac Limited is warning customers that it suffered a data breach a day after the new Embargo cyber-extortion group leaked over 500GB of data allegedly stolen from the firm.

Firstmac is a significant player in Australia's financial services industry, focusing primarily on mortgage lending, investment management, and securitization services.

Headquartered in Brisbane, Queensland, and employing 460 people, the firm has issued 100,000 home loans and currently manages $15 billion in mortgages.

Yesterday, Have I Been Pwned creator Troy Hunt published on X a sample of the notification letter sent to Firstmac customers, informing them of a severe data breach.

"Firstmac recentrly experienced a cyber incident where an unauthorised third party accessed a part of our IT system," reads the letter.

"As soon as we detected the incident, we took steps to immediately secure our system."
 
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