LoanDepot Cybersecurity Incident Exposes Personal Data of 16.6 Million Customers

1 min read
Source: MarketWatch
LoanDepot Cybersecurity Incident Exposes Personal Data of 16.6 Million Customers
Photo: MarketWatch
TL;DR Summary

LoanDepot is still working to restore normal operations after a recent cybersecurity incident where an unauthorized third party accessed certain systems and encrypted data. The company has made progress in restoring its loan origination and loan servicing systems, including customer portals, and has determined that sensitive personal information of 16.6 million individuals was accessed. LoanDepot will notify these individuals and provide credit monitoring and identity protection services at no cost.

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