{"id":94291,"date":"2026-02-14T18:33:17","date_gmt":"2026-02-14T15:33:17","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=94291"},"modified":"2026-02-14T18:35:16","modified_gmt":"2026-02-14T15:35:16","slug":"figure-admits-to-customer-data-breach","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/figure-admits-to-customer-data-breach\/","title":{"rendered":"Figure Admits to Customer Data Breach"},"content":{"rendered":"<p>The blockchain lending platform Figure Technology has suffered a data breach affecting user information. This was reported by <a href=\"https:\/\/techcrunch.com\/2026\/02\/13\/fintech-lending-giant-figure-confirms-data-breach\/\">TechCrunch<\/a>, citing company representative Alethea Jadick.<\/p>\n<p>According to her, the incident resulted from a social engineering attack on an employee, allowing the perpetrators to steal a &#8220;limited number of files.&#8221;<\/p>\n<p>The company is in contact &#8220;with partners and those affected&#8221; and is offering free credit monitoring to impacted users, she added.<\/p>\n<p>The hacker group ShinyHunters has claimed responsibility for the attack. The perpetrators released 2.5 GB of compressed files online after Figure refused to pay a ransom.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Figure Technology Solutions has allegedly been breached by ShinyHunters.<\/p>\n<p>Figure provides blockchain based HELOCs<br \/>(Home Equity Line Of Credit)<\/p>\n<p>Allegedly pii of all applicants has been stolen <a href=\"https:\/\/twitter.com\/Figure?ref_src=twsrc%5Etfw\">@Figure<\/a> <a href=\"https:\/\/t.co\/nNGOK2GRLR\">pic.twitter.com\/nNGOK2GRLR<\/a><\/p>\n<p>\u2014 Dominic Alvieri (@AlvieriD) <a href=\"https:\/\/twitter.com\/AlvieriD\/status\/2022134955451752785?ref_src=twsrc%5Etfw\">February 13, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>TechCrunch analyzed a portion of the data, which included clients&#8217; full names, home addresses, birth dates, and phone numbers.<\/p>\n<p>A ShinyHunters member told the publication that Figure was among the victims of a large-scale attack targeting clients of the cloud access management service Okta. Harvard and the University of Pennsylvania were also affected.<\/p>\n<h2 class=\"wp-block-heading\">Figure Strengthens Financial Performance<\/h2>\n<p>Despite the incident, the lending company&#8217;s shares rose nearly 3.6% by the end of trading on Friday. The closing price was approximately $35.3, with a market capitalization of $7.55 billion.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"457\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-cbee717017e172bf-6298884478187044-1024x457.jpeg\" alt=\"image\" class=\"wp-image-275174\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-cbee717017e172bf-6298884478187044-1024x457.jpeg 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-cbee717017e172bf-6298884478187044-300x134.jpeg 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-cbee717017e172bf-6298884478187044-768x343.jpeg 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-cbee717017e172bf-6298884478187044.jpeg 1032w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/finance.yahoo.com\/quote\/FIGR\/\">Yahoo Finance<\/a>.<\/figcaption><\/figure>\n<p>Experts believe the main driver was Figure&#8217;s preliminary financial <a href=\"https:\/\/investors.figure.com\/news-releases\/news-release-details\/figure-technology-solutions-announces-preliminary-fourth-quarter\">results<\/a> for the fourth quarter of 2025. The company expects revenue in the range of $158-162 million, exceeding Wall Street&#8217;s forecast of $154 million. The anticipated earnings before interest, taxes, and amortization are projected to be $80-83 million.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">also announced $30M buyback, small but symbolic.<\/p>\n<p>\u2014 matthew sigel, recovering CFA (@matthew_sigel) <a href=\"https:\/\/twitter.com\/matthew_sigel\/status\/2022329107707744587?ref_src=twsrc%5Etfw\">February 13, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The platform also showed strong momentum in the consumer lending market, with quarterly volumes up 131% compared to the previous year.<\/p>\n<p>The company announced plans to sell up to $4.23 million in common stock on the market while simultaneously buying back $30 million of its own shares from underwriters. Matthew Sigel, head of digital asset research at VanEck, described this move as a &#8220;small but symbolic&#8221; support for Figure&#8217;s stock.<\/p>\n<p>In September 2025, the lending firm <a href=\"https:\/\/finance.yahoo.com\/news\/figure-co-founder-on-ipo-we-will-transform-investing-by-using-the-blockchain-152407471.html\">raised<\/a> $787.5 million during its IPO, with a valuation of $5.3 billion.<\/p>\n<p>Last year, the stablecoin issuer <a href=\"https:\/\/forklog.com\/en\/news\/what-is-the-usdc-stablecoin\">USDC<\/a> company <a href=\"https:\/\/forklog.com\/en\/news\/media-usdc-stablecoin-issuer-valued-at-6-9bn-after-ipo\">Circle (raised $1.1 billion)<\/a> and the Winklevoss brothers&#8217; crypto trading platform <a href=\"https:\/\/forklog.com\/en\/news\/gemini-crypto-exchange-raises-425-million-in-ipo\">Gemini (issued shares worth $425 million)<\/a> also went public.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The blockchain lending platform Figure Technology has suffered a data breach affecting user information, reported TechCrunch, citing company representative Alethea Jadick.<\/p>\n","protected":false},"author":1,"featured_media":94292,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Figure Technology admits to data breach affecting user information.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[83,1188,1097],"class_list":["post-94291","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-business","tag-data-breach","tag-lending"],"aioseo_notices":[],"amp_enabled":true,"views":"299","promo_type":"1","layout_type":"1","short_excerpt":"Figure Technology admits to data breach affecting user information.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/94291","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=94291"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/94291\/revisions"}],"predecessor-version":[{"id":94293,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/94291\/revisions\/94293"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/94292"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=94291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=94291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=94291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}