IOTW: Latitude Financial data breach affects 14 million people
Australian financial services company, Latitude Financial, has suffered a large-scale data break that exposed the personal information for more than 14 million customers. The breach was initially discovered on March 16, but was originally thought to have affected a fraction of the customers actually impacted by the cyber attack. How did the Latitude Financial data breach happen? The data breach was initially reported by Latitude Financial on March 16, after unusual activity was detected on the company’s systems. The company said that the activity appeared to be a “sophisticated and malicious" attack originating from a vendor used by Latitude Financial.…