Nelnet Data Breach Impacts 2.5 Million Students

  • By Steven
  • Sep 27, 2022

Nelnet Data Breach

Nelnet is a student loan service based out of Lincoln, Nebraska. Recently, it suffered a data breach that revealed the personal information of over 2.5 million students. The data breach was on a massive scale, occurring sometime in the early summer of 2022.

How Did the Attack Occur?

"Our cybersecurity team discovered a vulnerability believed to have led to this incident and took immediate action to secure the systems, block the suspicious activity, and fix the issue," Nelnet stated. "The Department of Education was also notified, and we launched an investigation with third-party forensic experts to determine the nature and scope of the activity." Nelnet and The Department of Education have since been working with the authorities to ensure they take all possible actions to ensure the safety of everyone involved.

What Information Was Viewed or Stolen?

The viewed information included names, emails, social security numbers, and phone numbers of the impacted students. Nelnet stated that its forensic investigation of the breach found that there was no access to any forms of payment information or account numbers. However, the accessed data is still a dangerous thing for the hacker to access. The actor can use this information to do [ractically anything they want and effectively ruin students' lives in the process.

How Did Nelnet Admit to the Breach?

Nelnet began to send out notifications to any students that may have been affected by the breach. It explained what information was viewed, how to deal with the breach personally, and what students could do to keep themselves safe. Nelnet offered students 24 months of credit monitoring, entirely free. Nelnet left instructions on how to join the service in their notification letters. Nelnet is already facing a lawsuit due to the data breach. The lead plaintiff in the case, Jesse Harrick, is searching for punitive and actual damages of an unquantified amount.

What Will Become of the Stolen Information?

Considering the nature of the stolen information, anything can happen with it. Credit cards and leases can be opened and used in your name. Cars can be bought, and credit can be destroyed. The bad actor could sell the information or, if they so choose, can keep it for themselves and become you. The possibilities for identity theft are endless, with this much information up for grabs.

What Should Affected Parties Do in the Aftermath of the Breach? 

In the aftermath of the breach, any students affected by the data breach should focus on staying safe. Check your credit scores and statements. Download software that will warn you if your information is used somewhere without your consent. Stay on guard for strange emails or text messages that may be a part of a phishing campaign. It's most likely the best idea to join the gifted identity protection service from Nelnet. If you're in college, you already have enough to worry about; don't add stressing about your internet safety to the list.

About the Author
IDStrong Logo

Related Articles

Instagram Vulnerability Allowed Hackers Access to Control Your Phone

Security experts Check Point Research discovered a critical vulnerability while examining Instagra ... Read More

Alien Malware Infects More than 226 Mobile Apps and Steals Bank Data

As reported on September 24, 2020, by ZDNet and ThreatPost, a new strain of malware named “A ... Read More

Universal Health Systems Hit by Ransomware Attack

Universal Health Systems (UHS), a Fortune 500 company owning more than 400 hospitals across the co ... Read More

Exchange Server Bug Exposes a Big Risk to Hackers

Months after Microsoft released a patch to fix a serious flaw in MS Exchange Server, more than 61% ... Read More

Clients’ Bank Data Exposed in Blackbaud Ransomware Attack

Blackbaud software was victim to a ransomware attack last May, and new information suggests that c ... Read More

Latest Articles

Data Breach of Healthcare Management Solutions, LLC Affects Half-a-Million People

Data Breach of Healthcare Management Solutions, LLC Affects Half-a-Million People

Healthcare Management Solutions, known as a healthcare-related consulting company from West Virgini, has over 100 employees and brings in nearly $20M annually.

How to Remove Hard Inquiries from a Credit Report

How to Remove Hard Inquiries from a Credit Report

A credit score is an invisible number, yet it often feels like it controls our lives. It determines what we can buy and how much we'll have to pay.

What is Endpoint Security, and Why is it Important?

What is Endpoint Security, and Why is it Important?

Businesses can make every effort to beef up corporate network security, but those improvements mean very little if criminals choose to break into an already connected device.

Featured Articles

How to Buy a House with Bad Credit

How to Buy a House with Bad Credit

Buying your own home is the American Dream, but it might seem out of reach to those with bad credit. However, the good news is, if your credit is less than perfect, you do still have options and in most cases, can still buy a home.

How Secure Is Your Password? Tips to Improve Your Password Security

How Secure Is Your Password? Tips to Improve Your Password Security

Any good IT article on computers and network security will address the importance of strong, secure passwords. However, the challenge of good passwords is that most people have a hard time remembering them, so they use simple or obvious ones that pose a security risk.

Top 10 Senior Scams and How to Prevent Them

Top 10 Senior Scams and How to Prevent Them

Senior scams are becoming a major epidemic for two reasons. First, seniors often have a lot of money in the bank from a life of working hard and saving.

Free Identity Threat Scan
Instantly Check if Your Personal Information is Exposed
All fields below are required
Please enter first name
Please enter last name
Please enter a city
Please select a state
Please enter an email address
Close