Latitude Finds ‘Large-Scale Information Theft’ From Cyber Attack

Latitude Financial says review of the cyber attack on its systems uncovered further evidence of “large-scale information theft” affecting customers across Australia and New Zealand.

• No compromised data left Latitude’s systems since Mar. 16
• Still determining full extent of the attack:
  • Amount and type of information stolen
  • Total number of customers and applicants affected
• Looking to restore operational capability gradually over the coming days
• Latitude trading suspension to be lifted immediately
  • Shares fell as much as 13% in Sydney trading
• NOTE: Mar. 20: Latitude Takes Platforms Offline as Cyber Attack Remains Active

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