Blockchain-based lending firm Figure Technology has suffered a data breach that exposed sensitive customer information following a social engineering attack targeting one of its employees.
According to company statements, attackers gained access to a limited number of internal files after manipulating an employee. The firm has begun notifying affected individuals and is offering complimentary credit-monitoring services to customers who receive breach alerts. However, the total number of impacted users and the exact timeline of the intrusion have not been publicly disclosed.
ShinyHunters Claims Responsibility for Figure Technology Hack
The hacking group ShinyHunters claimed responsibility for the incident, alleging that the company declined to pay a ransom demand. The group reportedly published approximately 2.5 gigabytes of stolen data on a dark-web leak site.
Reports reviewing samples of the leaked files indicate that exposed data may include full names, residential addresses, dates of birth and phone numbers. Such information can heighten the risk of identity theft and targeted phishing attacks.
Cybersecurity Risks Remain Despite Decline in Crypto Phishing Losses
While phishing-related crypto losses have declined in 2025, security experts warn that threat activity often correlates with broader market momentum. Even as reported losses fall, data breaches involving financial platforms continue to pose serious risks to consumer privacy and digital asset security.
Figure Technology’s Public Listing and Blockchain Expansion
Founded as a blockchain-focused fintech company, Figure Technology went public on the Nasdaq Stock Exchange in September last year, raising hundreds of millions through its initial public offering. More recently, the company introduced its On-Chain Public Equity Network (OPEN) built on its Provenance blockchain, aiming to streamline equity issuance and peer-to-peer share lending without traditional intermediaries.
The breach underscores the growing cybersecurity challenges facing blockchain and fintech firms operating in increasingly digital financial ecosystems.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.