Australian finance company refuses hackers’ ransom demand | The Malaysian Insight

Australian finance company refuses hackers’ ransom demand

Australian firm Latitude Financial says it refuses to pay a ransom to hackers who stole millions of records from it, believing that doing so will only encourage further extortion attempts. – Facebook pic, April 11, 2023.

AUSTRALIAN firm Latitude Financial said today it refused to pay a ransom to hackers who stole millions of records in one of the country’s biggest data heists. The consumer lending company, which offers loans and credit cards, said last month that hackers had stolen the personal records of around 14 million Australian and New Zealand customers.

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