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RiskLens Fast Facts on Cyber Risk in the Financial Industry
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Flagstar Bank, the seventh largest bank mortgage lender in the US, announced in June, 2022, that it had been hacked in December, 2021, and personal data on 1.5 million customers exfiltrated. According to news reports, Flagstar hasn’t explained the six-month time lapse from the attack to the announcement. Earlier in 2021, Flagstar was among the many companies breached through the hack of the Accellion file transfer appliance.
Flagstar said it has no evidence that any of the information obtained in …
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