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Home Incidents

Spring EQ Data Breach Exposes Loan Info

June 19, 2024
Reading Time: 1 min read
in Incidents
Spring EQ Data Breach Exposes Loan Info

Spring EQ, LLC recently identified a data security incident that may have affected personal information linked to loan applications. The issue was discovered on June 5, 2024, when unusual activity was detected in an employee’s email account. An immediate password reset was implemented, and independent forensic experts were engaged to investigate the breach.

The investigation revealed that unauthorized individuals had accessed 43 email messages from the compromised account. The exposed information included details related to loan applications such as names, property addresses, loan numbers, and interest rates. Despite this, there is currently no evidence suggesting that the information was misused.

To mitigate potential risks, Spring EQ has advised individuals to review their credit reports for any signs of suspicious activity. The company has also taken steps to enhance security measures to prevent similar incidents in the future.

Spring EQ has expressed regret for any inconvenience caused by the breach and is committed to safeguarding personal information. The company is offering resources to help affected individuals protect their data and is closely monitoring the situation to address any further concerns.

Reference:

  • Spring EQ Data Breach May Affect Loan Application Info
Tags: cyber incidentsCyber Incidents 2024Cyber threatsData SecurityJune 2024Personal InformationSpring EQ
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