Figure Technology Confirms Data Breach After Employee Falls for Social Engineering Scam
Figure Technology, a blockchain-based fintech firm, disclosed a security breach after an employee was duped by hackers into granting access to company files. The incident, attributed to a social engineering attack, resulted in unauthorized access to limited data. Spokesperson Alethea Jadick confirmed the breach but avoided specifics, leaving key questions unanswered.
Reports LINK the breach to ShinyHunters, a notorious hacking group, which claims to have leaked 2.5GB of data after Figure refused ransom demands. The company has offered credit monitoring to affected parties while emphasizing the incident's limited scope. The breach underscores persistent cybersecurity vulnerabilities in the tech sector, particularly for blockchain firms handling sensitive financial data.