Upbound Group hack leads to $13 million in fraudulent Acima leases
This digest was compiled by AI from multiple sources — links to the originals are below.
Upbound Group disclosed that a cyberattack on its systems resulted in $13 million in fraudulent leases through its Acima unit. The company filed the incident with the SEC and implemented enhanced security measures.
The Incident
Upbound Group, formerly Rent-A-Center, disclosed in an SEC filing that threat actors stole non-sensitive customer information and documents. The attackers used the data to create fraudulent lease-to-own agreements via Acima, a subsidiary that provides payment options through third-party retailers. The fraud resulted in $13 million in losses in the second quarter of 2026.
Company Response
Upon detecting the breach, Upbound engaged external cybersecurity experts and implemented enhanced authentication, fraud detection, and monitoring. Federal law enforcement was notified. The company stated the attack was not material enough to affect investment decisions, and no ransomware group has claimed responsibility.
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