Privacy, Data Security, Ransomware

Over 1.3M confirmed by LoanCare to be hit by cyberattack

Major U.S. loan subservicing service provider LoanCare has disclosed that data from more than 1.3 million of its customers had been compromised as a result of a cyberattack against its parent company Fidelity National Financial last month, which has been claimed by the ALPHV/BlackCat ransomware operation, reports The Record, a news site by cybersecurity firm Recorded Future. Attackers were able to exfiltrate individuals' names, addresses, and Social Security numbers, as well as their loan numbers, according to LoanCare, which also noted that it has already contained the compromise and will be providing free identity protection services to those who were impacted. Such a development comes after ALPHV/BlackCat claimed to "unseize" its leak site after being disrupted by an international law enforcement operation that involved the FBI. Moreover, major U.S. mortgage servicer Mr. Cooper also recently reported having data from almost 14.7 million individuals affected by an October cyberattack.

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