finextra.com·Feb 20, 2026
A social engineering attack on Figure Technology compromised the personal information of nearly one million customers, with the hacking group ShinyHunters claiming responsibility for the data breach.
For a professional focused on fintech and decentralized finance, the key insight here is the critical need for robust cybersecurity measures against social engineering attacks, especially in blockchain-based platforms. This incident with Figure Technology highlights the vulnerability of even sophisticated fintech companies to human-factor breaches, underscoring the importance of investing in comprehensive employee training and advanced security protocols to protect sensitive customer data.