1st Franklin Financial Corporation

1st Franklin Financial Corporation is a financial services provider headquartered in the United States of America. The organization offers loan products that require consumers to submit personal and financial information during the application process. Its core activities involve collecting, storing, and managing sensitive data such as names, Social Security numbers, bank account details, and credit report information. These operations are conducted to facilitate lending decisions and service customer accounts. The company serves individuals seeking credit solutions within its market footprint. As a corporation, it operates under the legal structure typical of U.S. financial services firms.

In November 2022, the company experienced a cyberattack that resulted in unauthorized access to its IT network. The breach exposed the confidential consumer data gathered from loan applications, including names, Social Security numbers, bank account and routing numbers, and credit report details. Upon discovering the incident, 1st Franklin Financial Corporation secured its systems and launched an investigation to confirm the scope of the compromise. The investigation included a review of affected files to identify the individuals whose information had been accessed. After determining the impacted parties, the organization issued notification letters to inform them of the breach. The incident highlighted the importance of data protection practices for entities handling sensitive consumer financial information.