16.6 Million People Data Stolen In LoanDepot Hack

TRENDING GLOBALLY

-: FOLLOW US :-  @theinsaneapp

loanDepot reported a ransomware attack, revealing that around 16.6 million individuals had their personal information compromised.

-: FOLLOW US :-  @theinsaneapp

Following the January 6 attack, the company temporarily shut down some systems to contain the breach.

-: FOLLOW US :-  @theinsaneapp

Despite the incident, recurring automatic payments for customers were assured to be processed, albeit with delays in payment history updates.

-: FOLLOW US :-  @theinsaneapp

Various online portals, including MyloanDepot, HELOC, and the mellohome website, were offline, and payments via the servicing customer portal were unavailable.

-: FOLLOW US :-  @theinsaneapp

Days later, loanDepot confirmed the ransomware attack, acknowledging that files on compromised devices were encrypted by malicious actors.

-: FOLLOW US :-  @theinsaneapp

The company has made progress in restoring loan origination and servicing systems, including customer portals.

-: FOLLOW US :-  @theinsaneapp

loanDepot warned customers about potential phishing attacks and identity theft attempts, given the sensitivity of financial and bank account information stored.

-: FOLLOW US :-  @theinsaneapp

The company, however, has not disclosed the specific type of customer personal information accessed in the breach.