Risk to Business: 2.026 = Severe
A data breach of student loan servicer Nelnet Servicing (Nelnet) has affected over 2.5 million student loan borrowers throughout the United States. The breach affected borrowers whose student loans are serviced by the Oklahoma Student Loan Authority (OSLA) and Edfinancial Services (Edfinancial). The company disclosed that the PII of 2.5 million student loan borrowers was accessible by an unknown actor who gained access to the network in July 2022.
Risk to Individual: 2.406 = Severe
The exposed data includes names, addresses, email addresses, phone numbers and Social Security numbers of borrowers who had loans serviced by the affected institutions.
How It Could Affect Your Customers’ Business: Service providers like this one are highly at risk for trouble thanks to the combination of valuable data and access to companies that they offer bad actors.
Risk Levels:
1 - 1.5 = Extreme Risk
1.51 - 2.49 = Severe Risk
2.5 - 3 = Moderate Risk
*The risk score is calculated using a formula that considers a wide range of factors related to the assessed breach.