Upbound says hack caused $13 million in fraudulent Acima leases

The Upbound Group, a fintech company formerly known as Rent-A-Center, disclosed a cybersecurity incident in which unauthorized actors accessed non-sensitive customer data and documents. The stolen information was used to fraudulently obtain goods through Acima's lease-to-own system, resulting in approximately $13 million in losses. The company has engaged external cybersecurity experts, implemented enhanced security controls, and notified law enforcement, but no ransomware group has claimed responsibility.

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