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Figure Technology Faces Major Data Breach Impacting Nearly One Million Customers

Figure Technology Solutions, the largest non‑bank home‑equity lender, disclosed a data breach affecting roughly 967,000 customer accounts. The breach resulted from a social‑engineering (vishing) attack on a single employee, allowing the ShinyHunters group to exfiltrate personal identifiers such as names, addresses and emails, but not financial or SSN data. Figure has engaged forensic investigators, begun notifying affected users, and is providing free credit‑monitoring services while accelerating employee security training. The incident comes as the company prepares a secondary stock offering, intensifying scrutiny of its cybersecurity posture.