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Bleeping Computer reports: U.S. mortgage lender loanDepot has suffered a cyberattack that caused the company to take IT systems offline, preventing online payments against loans. loanDepot is one of the largest nonbank retail mortgage lenders in the USA, employing approximately 6,000 people and servicing loans of over $140 billion. Read more at Bleeping Computer. Loan […]
National Mortgage Professional reports: First American Financial Corporation was hit by a cyberattack on Wednesday, the company confirmed Thursday, forcing the company to take certain systems offline. The incident follows similar breaches at Fidelity National Financial (FNF), the mortgage and real estate industries’ largest underwriter of title insurance, on Nov. 19, and Mr. Cooper Group, one of the […]
The Register reports: Read more at The Register.
Americans who hoped to close on home sales this week may have had their hopes dashed by an attack on Fidelity National Financial. The Register reports: Fortune 500 insurance biz Fidelity National Financial (FNF) has confirmed that it has fallen victim to a “cybersecurity incident.” The announcement came in the form of an 8-K filing […]
GO Banking reports: Information theft is far from a novel issue. Since the internet exploded in the early 2000s, hackers have taken advantage of security loopholes to infiltrate devices and siphon vital information that puts your finances and safety at risk. But a recent study released in August highlights a chilling new way hackers use AI to […]
Bloomberg reports: The criminal ransomware gang behind the recent attack on the Industrial & Commercial Bank of China Ltd. has claimed responsibility for two more hacks on US financial firms. The Lockbit gang added the Chicago Trading Company and Alphadyne Asset Management this week to a list of victims on its darkweb page. The gang has given them deadlines to make […]
Bloomberg reports: The hacking group behind a recent ransomware attack on the largest global lender, Industrial & Commercial Bank of China Ltd., said it received a ransom payment. A representative for the group, called LockBit, confirmed the payment on Monday but declined to provide further details. Bloomberg News wasn’t able to verify the gang’s claim, and […]
Bloomberg reports: New York regulators assigned heightened cybersecurity requirements to banks, insurers, and financial services providers based in the state with the release of finalized rule amendments Wednesday. Covered entities will have to use multifactor authentication, expand cybersecurity governance duties, and conduct consistent threat testing under the regulation updated by the New York Department of Financial Services. […]
Bleeping Computer reports Flagstar Bank in Michigan is notifying 837,390 customers whose personal information, including Social Security numbers, was acquired by the Clop hacking gang in May. The breach was not of Flagstar’s systems but at FISERV, a vendor they use for payment processing and mobile banking services. FISERV was one of thousands of entities […]
