According to a source, 7.9 million driver’s license numbers from Australia and New Zealand were taken on March 16.
A report in Reuters cited Latitude Holdings, a digital payments and loans service, as stating that in addition to the driver’s license data, 53,000 people’s passport numbers and monthly financial statements for around 100 clients were also taken.`
According to the study, 6.1 million data have been taken since 2005. The Melbourne-based Latitude Holdings also said that it will pay clients who decide to replace a stolen ID.
Ahmed Fahour, CEO of Latitude Holdings, issued a statement saying, “We are fixing platforms harmed by the incident and have established enhanced security monitoring as we return to operations in the coming days.”
During the previous several months, a number of more Australian businesses have also suffered hacks. The heist, in the opinion of experts, was caused by inadequate cybersecurity employees.
The company’s stock, which had fallen by around 2.1% before the event was revealed, sank 2.5 percent to 1.18 Australian dollars (or $0.78).
Investors often anticipate the worst when they learn of a “data leak”… When word of the hack first surfaced two weeks ago, it seemed like most of the gloom and doom was priced in, according to Matt Simpson, senior market analyst at City Index, who spoke to Reuters.
The corporation informed the theft last week that it had found more proof of information theft.
The corporation said earlier this month that the incident was being investigated by the Australian Federal Police and the Australian Cyber Security Centre.
Harvey Norman and JB Hi-Fi, two well-known Australian stores, both use the company’s consumer financing services.
Latitude pulled its platform down earlier this month and said that the Australian Federal Police and the Australian Cyber Security Centre were investigating the incident.
