https://www.housingwire.com/articles/flagstar-reports-data-breach-affecting-1-5-million-clients/
Exploit: Hacking
Flagstar Bank: Banking & Financial Services
Risk to Business: 1.617 = Severe
Flagstar Bank disclosed that they’ve had a data breach that impacts an estimated 1.5 million customers. The Michigan-based bank says that the cyberattack occurred on Dec. 3 and Dec. 4, 2021. However, the company did not determine who was affected until June 2022. The data breach happened during Flagstar Bancorp’s acquisition by New York Community Bank. The US financial organization is headquartered in Michigan and operates over 150 branches in areas including Indiana, California, Wisconsin, and Ohio.
Individual Risk: 1.878 = Severe
The only available information about the breached data says that the Social Security numbers were exposed.
How It Could Affect Your Customers’ Business: SMBs that handle or store large amounts of data have been high on cybercriminal shopping lists, particularly in recent months.
Risk Levels:
1 - 1.5 = Extreme Risk
1.51 - 2.49 = Severe Risk
2.5 - 3 = Moderate Risk
*The risk score is calculated using a formula that considers a wide range of factors related to the assessed breach.
