Audio player loading…

The data of over 2.5 million individuals who have taken out student loans with either the Oklahoma Student Loan Authority (OSLA) or EdFinancial has been exposed in a data breach.

The breach itself was suffered by Nelnet Servicing, a Nebraska-based technology services firm that both loan companies utilized for their web portals.

A letter (opens in new tab) sent by Nelnet Servicing to the affected providers said that the breach did not involve the leakage of any financial data, but that the exposed information did include full names, physical addresses, email addresses, phone numbers and social security numbers.

Markovits, Stock & DeMarco, a US law firm that specializes in data breach cases, is apparently investigating claims on behalf of the victims.

EdFinancial has highlighted that not all their student loan customers were exposed to Nelnet and impacted by the breach.

Both EdFinancial and OSLA are offering customers free 24-month access to Experian’s identity protection and credit reporting service IdentityWorksSM, which includes benefits like a free credit check.

EdFinancial is also encouraging its customers to educate themselves about identity fraud and to carefully review their account statements over the next 24 months for suspicious activity.

It’s a good job they are throwing customers a bone. Even if no financial information was disclosed, the exposure of detailed personal information can still make consumers more vulnerable to phishing attacks and other types of fraud.


Cybercrime continues to be a serious problem for higher education and related sectors. In one particularly disastrous incident, Illinois-based private liberal arts college Lincoln College was allegedly forced to permanently shut its doors (opens in new tab) due to a ransomware attack.

Despite apparently surviving the Spanish flu of 1918, the Great Depression, and World War II , the college was said to be unable to bounce back after the attack “thwarted admissions activities and hindered access to all institutional data, creating an unclear picture of Fall 2022 enrolment projections”.

  • Interested in keeping your organization safe from cyberattacks? Checkout our guide to the best endpoint protection

Via BleepingComputer (opens in new tab)

[shareaholic app=”follow_buttons” id=”28160756″]

You can read the original article here —> [ Read More ]

New reasons to get excited everyday.

Get the latest tech news delivered right in your mailbox

5 Reasons Why You Should Try Online Horse Race Betting

In many places around the world, horse races are an attraction that a lot of people love to watch. With the fast-paced action and thrill that each game provides, it is no longer surprising to know that millions of fans have grown fond of it.

NordLayer — more than a business VPN

Cybersecurity threats have become vast and more sophisticated. The rate of malware attacks and malicious activity counts within seconds despite the size or sector the organization belongs to — no one is safe enough to expect that foe actors will bypass vital company resources.


Don't miss a beat!!

We’d love to keep you updated with the latest tech news from across the internet!

Don't worry, we don’t spam!

You may also like

Notify of
Inline Feedbacks
View all comments