LoanDepot customers say they have been unable to make mortgage payments or access their online accounts following a suspected ransomware attack on the company last week.
Users on social media and forums discussing the incident say they have struggled to access their account information or submit payments.
LoanDepot’s updating cyber incident page says several LoanDepot customer portals returned online as of Thursday, albeit with limited functionality.
When reached by email, LoanDepot spokesperson Jonathan Fine declined to comment, but did not dispute that the incident was linked to ransomware.
LoanDepot has not yet updated regulators on the company’s recovery since its initial disclosure to the SEC on January 8.
Internet monitoring firms say a near-total internet blackout in Gaza is reaching its seventh day, the longest outage of the ongoing Israel-Hamas conflict so far.
Doug Madory, the director of internet analysis at Kentik, told TechCrunch in a Signal message that this is the “longest internet blackout ever and longer than all of the previous blackouts combined” in Gaza.
On January 12, Palestinian telecom giant Paltel announced that “all telecom services in Gaza Strip have been lost due to the ongoing aggression.
According to NetBlocks, this is the “ninth and longest sustained” telecom’s outage since the onset of the present conflict with Israel.
David Belson, the head of data insight at Cloudflare, which also monitors internet connectivity across the world, told TechCrunch on Thursday that there is an ongoing internet outage in Gaza.
Startup valuations — especially at the later stages — have come down drastically over the last year and a half of the ongoing market correction.
Companies that once boasted sky-high valuations like Klarna and Getir have seen their valuations slashed in their latest funding rounds.
Outside of Klarna and Getir, though, very few late-stage companies have raised new primary rounds since the booming 2021 market.
This is a noticeable haircut from the $25 billion valuation it garnered in 2021.
A recent survey of venture secondaries investors found that for those who focus on the industry, many think prices may still have room to drop.
