Tag Archives: Cyberattack

January cyberattack a $37M weight on loanDepot Q1 2024 results

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In addition to $15 million in direct costs, loanDepot says it lost an additional $22 million in revenue while systems were down, contributing to $72 million net loss. Continue reading →

LoanDepot hackers had access to Social Security numbers, DOBs

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The lender is offering 24 months of free identity protection services and credit monitoring from Experian to 16.9 million consumers affected by the January cyberattack. Continue reading →

Ransomware group claims it was behind loanDepot cyberattack

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The FBI has developed a decryption tool to combat the ALPHV/Blackcat ransomware variant, and authorities are offering $15 million in rewards to stop the group. Continue reading →

LoanDepot is latest real estate company to be targeted by hackers

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Mortgage lender says an unauthorized party accessed its systems and encrypted some of its data, a tactic employed by ransomware groups to target more than 1,000 companies and organizations. Continue reading →

Title insurer First American and many subsidiaries remain offline

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The Dec. 20 cybersecurity incident has derailed closings and generated complaints about the lack of communication since the company took some systems offline. Continue reading →

First American Financial warns clients to watch out for fake emails

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Two days after being hit by a cyberattack, the title insurance giant says it’s still trying to restore operations and warns clients that it’s taken its email system offline. Continue reading →

Title insurer Fidelity restoring operations after security incident

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The nation’s largest title insurer won’t say whether it was the target of a ransomware attack, sparking speculation that it paid a ransom to hackers exploiting Citrix Bleed software vulnerability. Continue reading →

Mr. Cooper back online after ‘precautionary’ 4-day shutdown

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More than 4 million homeowners send their mortgage payments to Mr. Cooper, but it’s unclear how many had their data exposed as the company continues to investigate a breach discovered on Halloween. Continue reading →

HUD scores a C in cyber security test, other agencies fare worse

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Report finds seven federal agencies, including the U.S. Department of Housing and Urban Development, have failed to protect Americans’ personal and financial information. Continue reading →