Breaking down the youX cyber breach
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Breaking down the youX cyber breach
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About this listen
On this special episode of Broker Daily Uncut, Broker Daily senior journalist Julian Barnes sits down with Cyber Daily's deputy editor, David Hollingworth, and Momentum Media's managing editor for mortgages, Annie Kane, to unpack the cyber incident that has rocked fintech platform youX.
youX, an asset finance technology provider used by thousands of brokers and aggregation group Viking Asset Aggregation, has confirmed that a threat actor has released data allegedly obtained from its platform.
The breach is reported to involve the personal and financial information of more than 400,000 borrowers, along with data linked to 797 broker organisations.
In this episode, the discussion looked at how the incident unfolded, what it means for brokers and their clients, and the broader implications for the mortgage and fintech sectors. They also discuss the steps brokers can take now to mitigate risk and strengthen their cyber resilience.
Tune in to find out what's at stake and what happens next.