Figure Hacked: ShinyHunters Dumps 2.5GB After Ransom Refusal
Blockchain lender Figure confirms data breach after ShinyHunters published stolen data when the company wouldn't pay up.
Blockchain-based lending firm Figure Technology got hit with a data breach — and the fallout is already public.
The ShinyHunters hacking group claimed responsibility, dumping 2.5GB of stolen data after Figure reportedly refused to pay a ransom. The company confirmed the breach on Friday through a spokesperson.
ShinyHunters is no newcomer to this game. The group has been behind several high-profile data thefts in recent years, typically pressuring victims to pay up before leaking everything online.
Figure's refusal to negotiate follows a growing trend among companies choosing not to fund criminal operations — though the tradeoff is exposed data. The exact nature of the compromised information hasn't been fully detailed yet.
For a company built on blockchain technology — often touted for its security properties — the breach is a particularly rough look.