Australian fintech youX suffers major cyberattack
Over 600,000 Australian loan applications may be exposed after a hacker targets fintech platform youX.
Australian fintech platform youX has confirmed a data breach affecting hundreds of thousands of customers. The company said it identified unauthorised access to its systems and is investigating the full extent of the incident.
A hacker claimed responsibility for the breach and shared a preview of 141 gigabytes of data from a MongoDB Atlas cluster. The exposed information reportedly includes financial details, driver’s licences, residential addresses, and records from nearly 800 broker organisations.
Over 600,000 loan applications across almost 100 lenders could be affected. The hacker threatened to release further tranches of data in stages, citing previous warnings given to the company.
YouX is engaging with regulators, including the Office of the Australian Information Commissioner, and notifying affected individuals. Partners such as Viking Asset Aggregation are working closely with the fintech to support stakeholders and manage enquiries.
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