Hackers demand ransom payment following cyber attack which left millions of Australians compromised

The hackers behind the massive Latitude Financial data breach in Australia have offIcially demanded a ransom payment.

The consumer lender believes a total of 14 million consumers have been impacted.

Latitude has not indicated how much is being demanded, or when the demand was made, but says it will not pay.

In a statement, the CEO says: “Latitude will not pay a ransom to criminals. Based on the evidence and advice, there is simply no guarantee that doing so would result in any customer data being destroyed, and it would only encourage further extortion attempts on Australian and New Zealand businesses in the future.”

Latitude says its priority remains on contacting every customer whose personal information was compromised and to support them through this process.

The stolen information includes the driver’s licence numbers of 7.9 million customers.

Latitude provides finance services to Harvey Norman, JB Hi-Fi, The Good Guys and Apple, and also recently signed up David Jones.

The victims include current and former Latitude customers stretching back more than 10 years. #trending #featured