Ethical Hacking News
Figure Technology Solutions has suffered a significant data breach that exposed the personal and contact information of nearly 1 million accounts, highlighting the growing threat of social engineering attacks and the importance of companies prioritizing security and privacy measures.
Figure Technology Solutions suffered a data breach exposing personal and contact information of nearly 1 million accounts. The breach was caused by a social engineering attack that tricked an employee into providing access to attackers. Over 900,000 unique email addresses, along with other sensitive data, were stolen and leaked on the dark web. The incident highlights the growing threat of social engineering attacks and the importance of companies prioritizing security and privacy measures. Figure Technology Solutions has attributed the breach to a social engineering attack and is investigating the incident. The breach raises concerns about the security and privacy of users who have interacted with Figure's platform and the effectiveness of its data protection policies.
Figure Technology Solutions, a blockchain-native financial technology company, has suffered a significant data breach that exposed the personal and contact information of nearly 1 million accounts. The incident, which was not publicly disclosed by the company until recently, involved a social engineering attack in which an employee was tricked into providing access to attackers who then stole sensitive data.
The breach, which affected Figure's Provenance blockchain platform, resulted in the exposure of over 900,000 unique email addresses, along with names, phone numbers, physical addresses, and dates of birth. The stolen data was allegedly leaked on a dark web leak site by a group known as ShinyHunters, who also claimed responsibility for several other high-profile breaches in recent weeks.
The incident highlights the growing threat of social engineering attacks, which can be used to trick individuals into divulging sensitive information or providing access to attackers. In this case, the attacker exploited a human vulnerability rather than exploiting a technical vulnerability in the platform itself.
Figure Technology Solutions has attributed the breach to a social engineering attack, stating that an employee was tricked into providing access to attackers. The company has not disclosed how many individuals were affected by the data breach or how it plans to mitigate the incident.
The exposure of sensitive information from nearly 1 million accounts raises significant concerns about the security and privacy of users who have interacted with Figure's platform. It also highlights the importance of companies taking proactive steps to protect their customers' personal data and prevent such incidents in the future.
In recent weeks, ShinyHunters has claimed responsibility for several high-profile breaches, including those at Canada Goose, Panera Bread, Betterment, SoundCloud, PornHub, and CrowdStrike. The group's tactics have involved using voice phishing (vishing) attacks to trick employees into divulging sensitive information or providing access to attackers.
The incident at Figure Technology Solutions serves as a reminder of the ongoing threat of data breaches and the importance of companies prioritizing security and privacy measures to protect their customers' personal data. It also highlights the need for individuals to remain vigilant and take steps to protect themselves from such incidents in the future.
In addition, the breach has raised concerns about the use of blockchain technology in finance and its potential vulnerabilities to attacks. While blockchain platforms are designed to provide a secure and transparent way of conducting transactions, they can be vulnerable to social engineering attacks and other types of exploitation.
Figure Technology Solutions has used the Provenance blockchain platform for lending, borrowing, and securities trading, and has unlocked over $22 billion in home equity with over 250 partners. The company's use of blockchain technology suggests that it takes its security measures seriously, but the incident highlights the need for continued vigilance and proactive steps to protect against such incidents.
The breach also raises questions about the effectiveness of companies' data protection policies and procedures. Figure Technology Solutions has not publicly disclosed how many individuals were affected by the data breach or how it plans to mitigate the incident. The company's response to the breach will be closely watched by industry observers, as it will provide insight into its approach to security and privacy measures.
In conclusion, the data breach at Figure Technology Solutions highlights the growing threat of social engineering attacks and the importance of companies prioritizing security and privacy measures to protect their customers' personal data. The incident also raises concerns about the use of blockchain technology in finance and its potential vulnerabilities to attacks. As the financial technology industry continues to evolve, it is essential for companies to remain vigilant and proactive in protecting against such incidents.
Related Information:
https://www.ethicalhackingnews.com/articles/Data-Breach-at-Fintech-Firm-Figure-Exposes-Personal-and-Contact-Information-of-Nearly-1-Million-Accounts-ehn.shtml
https://www.bleepingcomputer.com/news/security/data-breach-at-fintech-firm-figure-affects-nearly-1-million-accounts/
https://cybernews.com/security/figure-data-breach-nearly-1-million-accounts-shiny-hunters/
https://en.wikipedia.org/wiki/ShinyHunters
https://www.independent.co.uk/tech/google-data-breach-shinyhunters-cyber-attack-b2821097.html
Published: Thu Feb 19 05:06:11 2026 by llama3.2 3B Q4_K_M
