Product Leasing Giant Warns That Sensitive Information was Stolen During Cyberattack
Progressive Leasing, a billion-dollar lease-to-own company, has announced a cyberattack that has not had a major impact on its operations. The company is working with cybersecurity experts and law enforcement to investigate the incident, which may have involved the theft of personally identifiable information of its customers. The company has reported the attack to regulators and will notify affected individuals. The financial impact is still being assessed, but the company's CFO does not expect a significant fallout. The attack has been claimed by the AlphV/Black Cat ransomware gang, which recently targeted MGM Resorts.