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One year after it started, LendUs discloses that they had a breach

Posted on February 10, 2022 by Dissent

As you read the following press release, note that they do not tell us when they first discovered that there might have been a security breach or incident.  Nor do they tell us how they first discovered it.  And what’s with this “out of an abundance of caution” claim?  If you can’t figure out what happened,  the assumption should be that you were breached and have to report — not that you can decide to just go further “out of an abundance of caution.”

ALAMO, Calif., Feb. 8, 2022 /PRNewswire/ — LendUS, LLC (“LendUS”) announced that it identified and addressed a data security incident.

LendUS completed an investigation into unauthorized access to some LendUS employee email accounts. Upon first learning of the activity, LendUS immediately took steps to secure the email accounts and began an investigation with the assistance of a cybersecurity firm. The investigation determined that an unauthorized person accessed certain accounts at various times between February 2, 2021 and March 22, 2021. The investigation was not able to determine whether any emails or attachments in the accounts were accessed or downloaded by the unauthorized individual.

Out of an abundance of caution, LendUS reviewed the emails and attachments that could have been accessed or downloaded. On December 21, 2021, LendUS determined that certain emails or attachments contained certain information, including names accompanied by one or more of the following: Social Security numbers; driver’s license numbers; financial and payment card account information; passport numbers; tax identification numbers; medical and health insurance information; and online account credentials. This information relates to certain LendUS employees and customers.

Read the full press release, while I go pour more coffee and think about how when  I rule the world, notifications will be more detailed and more transparent.

Category: Commentaries and AnalysesFinancial SectorHackU.S.

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