Navient reports data breach involving third-party law firm
Navient disclosed a data breach involving a third-party law firm, exposing sensitive borrower information. The incident was detected on June 8, 2026, and deemed material due to the volume of data. Navient notified regulators and individuals but stated its own systems were not compromised. The company believes the breach will not materially impact its financial results. Following the announcement, Navient's stock slipped 0.8% in after-hours trading.
