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Latitude Financial says the hack is worse than previously thought


Latitude Financial says a hack of its systems detected last week was worse than originally thought.

The consumer finance company said on Wednesday that its review had “uncovered further evidence of large-scale information theft affecting customers (past and present) and applicants in Australia and New Zealand.”

Its teams were “working urgently” to identify the total number of clients and applicants affected and the type of personal information that was stolen, Latitude said.

It had previously estimated that 330,000 customers and applicants had been affected by cybercrime, with 96 percent having a copy of their driver’s license or driver’s license number stolen. About four percent had their passport details stolen and less than one percent had their Medicare numbers stolen.

Latitude shares resumed trading on Wednesday for the first time since the attack. As of 11:48am AEDT, they were down 9.8% to a nine-month low of $1.0875.


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