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Update from LendingCrowd

On Wednesday 30 October, LendingCrowd discovered a data security incident resulting in unauthorised access to the personal data of a subset of investors. We have already communicated with all affected investors.

LendingCrowd investors accounts and the LendingCrowd platform have not been compromised.

We self-reported this incident the same day to the Information Commissioner’s Office. We have also notified the Financial Conduct Authority and other relevant agencies.

Investigations are ongoing, but in the meantime, we want to act both responsibly and with transparency.

Your security is of paramount importance to us, so we would like to remind you of some quick and easy steps to increase security:

  • be vigilant of any suspicious activity
  • always check emails you receive and sender email addresses carefully – there is a risk that personal data can be used in “phishing” attacks in an attempt to obtain personal information to compromise your accounts
  • never give out your password to any service provider (we won’t ever ask for it)
  • change your passwords regularly – it is important that all passwords are strong and unique
  • if you have a LendingCrowd account, activate two-factor authentication (2FA) if you have not done so already – find out more about setting up 2FA

You can find more information about protecting yourself against cybercrime at Get Safe Online, a free resource supported by the UK government.

Article author

Gareth Mackie

Gareth Mackie

If you invest through LendingCrowd you should understand that your capital is at risk.

LendingCrowd is the trading name of Edinburgh Alternative Finance Limited, Company Number SC468392, authorised and regulated by the Financial Conduct Authority (Firm reference number 670991). LendingCrowd and its products are not covered by the Financial Services Compensation Scheme.

Read more about the risk involved when investing and borrowing.

The company's registered office is 23 Manor Place, Edinburgh, EH3 7DX.

Copyright © LendingCrowd 2020. All rights reserved.

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