- Figure Technologies confirmed a customer data breach stemming from a social engineering attack on an employee.
- The Hacking group ShinyHunters claimed responsibility, publishing 2.5GB of data including names, addresses, and dates of birth.
- The publicly traded company is offering complimentary credit monitoring to affected individuals following the incident.
- This breach occurs as Figure announced a proposed secondary public offering of up to 4.23 million shares of its blockchain-native stock.
Figure Technology confirmed on Friday that it suffered a customer data breach after an employee was manipulated in a social engineering attack. The incident, which exposed sensitive personal information, was claimed by the notorious group ShinyHunters.
TechCrunch, which first reported on the breach, reviewed files containing customers’ full names, addresses, dates of birth, and phone numbers. “We recently identified that an employee was socially engineered, and that allowed an actor to download a limited number of files through their account,” Figure stated to Decrypt.
Consequently, the company has engaged a forensic firm to investigate and is implementing additional safeguards. Meanwhile, it is offering free credit monitoring to all individuals who receive a notification.
A ShinyHunters member reportedly told TechCrunch this was part of a broader campaign targeting companies using single sign-on provider Okta. Other alleged victims in this campaign included Harvard University and the University of Pennsylvania.
The breach news coincides with Figure’s announcement of a proposed secondary public offering of its Series A Blockchain Common Stock. Figure plans to repurchase up to $30 million of its Class A shares from underwriters in this move.
According to a report by the Privacy Rights Clearinghouse, data breaches remained widespread in 2025. Regulators logged over 8,000 filings tied to more than 4,000 separate incidents affecting at least 374 million people.
Figure’s stock closed Friday up 3.57% at $35.29 per share. However, it has fallen 37% over the past month amid recent market pressures.
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