Over 2,5 Million Individuals Impacted by System Breach at Federal Student Loan Services Provider.
INCIDENT
Data for over 2.5 million individuals with student loans from Oklahoma Student Loan Authority (OSLA) and EdFinancial was exposed after hackers breached the systems of technology services provider Nelnet Servicing. Sometime in June, unidentified intruders compromised Nelnet Servicing and stayed on its systems until July 22. The hackers compromised the company's network likely after exploiting a vulnerability. EdFinancial underlines that not all its clients are hosted by Nelnet Servicing. Due to the seriousness of this incident, law firm "Markovits, Stock & DeMarco" launched an investigation on the potential of a class action lawsuit.
Type of Malware
No Malware identified
Threat Source
No threat source identified
Industries
Impacts
IT