Navient discloses material breach of borrower data held by third-party law firm
Navient disclosed a material cybersecurity incident in which a ransomware attack on a third-party law firm led to unauthorized access to Company-related borrower data, including names, dates of birth, addresses and Social Security numbers. The company says its own systems were not accessed and operations were not disrupted, and it does not believe the incident has had or is reasonably likely to have a material impact on its financial condition or results.
Key points
- Company became aware of the incident on June 8, 2026, and determined it material on June 29, 2026
- Exposed data includes borrower names, dates of birth, addresses and Social Security numbers
- Incident was limited to the law firm's environment; no evidence of access to Navient systems and no operational disruption
- Notifications to affected individuals and regulators are underway; law enforcement has been notified
The filing
Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 02, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.