Latitude Financial Services Data Breach Impacts 300,000 CustomersLatitude Financial Services Data Breach Impacts 300,000 Customers


Australian financial services company Latitude Financial Services is notifying roughly 300,000 customers that their personal information might have been compromised in a data breach.

A subsidiary of Deutsche Bank and KKE operating since 2015 and headquartered in Melbourne, Latitude is the largest non-bank lender of consumer credit in Australia, also offering services in New Zealand, under the brand Gem Finance.

On Thursday, the company disclosed falling victim to a cyberattack that forced it to suspend services and which also resulted in the theft of customer data.

“Latitude Financial has experienced a data theft as the result of what appears to be a sophisticated and malicious cyberattack,” Latitude says in a data breach notice.

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