AustraliaDaily Briefs

Daily Brief Australia: Latitude Group Holdings and more

In today’s briefing:

  • Latitude Group Holdings: Hack-Attack

Latitude Group Holdings: Hack-Attack

By David Blennerhassett

  • On the morning of the 16 March, consumer finance play Latitude Group Holdings (LFS AU) announced what appeared to be a “sophisticated and malicious cyber-attack.” 
  • Shares were voluntarily suspended on the 20 March and were reinstated yesterday (22 March). 
  • Latitude reckons no compromised data has left its systems; but its review has uncovered evidence of large-scale information theft affecting customers (past and present) across Australia and New Zealand.

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