Upbound disclosed cybersecurity incidents that led to about $13 million in fraudulent contract losses in its Acima segment for Q2 2026.
Key Highlights:
- Certain non-sensitive customer data were obtained without authorization and were used to facilitate fraudulent lease-to-own agreements.
- Fraudulent contract losses tied to these incidents totaled approximately $13 million in Acima during Q2 2026.
- Company implemented mitigation measures with external experts: stronger authentication, enhanced fraud detection/monitoring and other security upgrades.
- Investigation is ongoing; company notified federal law enforcement and currently deems the incidents non-material but will reassess if facts change.
Original SEC Filing:
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