Latitude Financial hit by cyber attack, more than 300,000 identity documents stolen
Latitude Financial — the company behind a buy now, pay later scheme used by major Australian retailers — has been hit by "sophisticated and malicious cyber attack cyber attack", with more than 300,000 personal identity documents stolen.
Latitude says the attack started from a major vendor the company uses, which they then used to obtain Latitude employee credentials.
Latitude says it's "doing everything in its power to contain the incident and prevent the theft of further customer data", and is contacting those customers affected by the attack.
The Australian Cyber Security Centre is working with the company, and Latitude says it's cooperating while authorities investigate.
Latitude provides buy now, pay later schemes to a number of major Australian retailers, including Harvey Norman, JB Hi-Fi, David Jones and The Good Guys.
It comes less than a month after Latitude announced it was closing its buy now, pay later offering in Australia and New Zealand.
