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ARTICLE · 31 AUGUST 2022

Ankura CTIX FLASH Update - August 30, 2022

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Over 2.5 million individuals with federal student loans from Oklahoma Student Loan Authority (OSLA) and EdFinancial Services, LLC (EdFinancial) have been impacted by the recent data breach...

United StatesTechnology
Ankura Consulting Group LLC
Ankura Consulting Group LLC

Ransomware/Malware Activity

Nelnet Data Breach Affects Over 2.5 Million Individuals Borrowing from OSLA and EdFinancial

Over 2.5 million individuals with federal student loans from Oklahoma Student Loan Authority (OSLA) and EdFinancial Services, LLC (EdFinancial) have been impacted by the recent data breach of Nelnet Servicing, LLC (Nelnet), a technology services provider. Nelnet's services, including their web portal, are used by OSLA and EdFinancial to give borrowers the ability to create and access their loan accounts. In June of 2022, unauthorized and currently undisclosed actors breached Nelnet's systems and persisted in them until July 22, 2022. Nelnet currently suspects that a vulnerability was exploited to gain this access and the notification letter emphasized that no Nelnet-serviced borrowers were impacted by this incident. The data that has been exposed in this data breach includes name, address, email address, phone number, and Social Security number

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