Fintech lending giant Figure Technology confirmed a data breach on Friday, stemming from a social engineering attack that compromised an employee's account. The company, which uses blockchain technology, is notifying affected individuals and offering free credit monitoring, according to a statement provided to TechCrunch. Simultaneously, sex toy maker Tenga announced a separate data breach, while OpenAI removed access to its GPT-4o model, and the SEC closed its investigation into Fisker.
Figure Technology's breach occurred when an employee was tricked, allowing hackers to steal a limited number of files, according to a company spokesperson. The hacking group ShinyHunters claimed responsibility on its dark web leak website, stating the company refused to pay a ransom and published 2.5 gigabytes of allegedly stolen data. TechCrunch reported it had seen a portion of the data. The company is communicating with partners and those impacted by the breach.
In a separate incident, sex toy maker Tenga notified customers of a data breach on Friday. According to an email obtained by TechCrunch, an unauthorized party gained access to an employee's professional email account, potentially exposing customer names, email addresses, and historical email correspondence, including order details and customer service inquiries. The hacker also sent spam emails to the employee's contacts, including customers. Tenga did not respond to requests for comment regarding the total number of affected customers.
Meanwhile, OpenAI removed access to five legacy ChatGPT models, including the controversial GPT-4o model. The 4o model had been at the center of lawsuits concerning user self-harm, delusional behavior, and AI psychosis. OpenAI noted in a recent blog post that only 0.1% of customers had been using GPT-4o.
In other news, the Securities and Exchange Commission closed its investigation into bankrupt electric vehicle startup Fisker last September, according to information obtained by TechCrunch through a Freedom of Information Act request. The SEC revealed the existence of the probe in an October 2024 filing in Fisker's bankruptcy case. The agency stated that approximately 21.7 gigabytes of electronically maintained records related to the investigation were identified.
These events come amidst a period of significant change in the tech industry. TechCrunch also reported on the exodus of top talent from AI companies like OpenAI and xAI, with some leaving due to restructuring.
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