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Latitude's woes could become even costlier after being hit with a $1 million lawsuit by a former mayoral candidate who says the firm's negligence meant his personal details were shared on the dark web.
We notified customers and applicants affected by the breach by email or letter, where we had contact details, telling them what personal information has been stolen and the support we are providing or is available to them.
Latitude Financial responded to a cyber-attack in March that resulted in the theft of personal information. The theft affected customers, past customers and applicants across Australia and New Zealand. We acted immediately to contain the attacked, including taking systems offline to protect personal information.
The growing backlash against lax corporate cybersecurity in Australia has hit Latitude Financial with a class action being launched following its recent hack, while a consumer privacy group slammed the lack of accountability among Australian businesses over the loss of sensitive customer data.
M?illions of Latitude Financial customers may have the chance to take civil action against the company if their sensitive data was stolen in a major data breach.