700Credit data breach exposes SSNs of 5.8M consumers

Data breaches tied to financial services companies are no longer rare, but they still hit harder when Social Security numbers are involved. In the latest incident, U.S.-based fintech company 700Credit has confirmed that the personal data of more than 5.8 million people was exposed. The breach did not originate from a direct compromise of 700Credit's internal network, which makes it more concerning. It began with a third-party integration partner and quietly snowballed over several months before it was detected.