The servicers affected have reported a combined total of 4 million borrowers that have been impacted by the security breach.
The news of the data breach emerged earlier this month when one of the servicers reported a breach of their systems. This servicer reported that customer account numbers, names, social security numbers, addresses, and other personal information had been compromised. After more investigation, it was uncovered that the security breach had been caused by a malicious hacker and not a technical malfunction.
Once the breach was discovered, other servicers began searching their own systems to make sure their customers were not at risk. They quickly determined that their customers had also been affected but to a lesser degree than the initial servicer. While the exact individual numbers have not yet been released, it appears that around 4 million mortgage customers have been impacted.
In response to the breach, the servicers have implemented various measures to protect their customers and their data. These include providing enhanced data security measures, credit and identity theft monitoring for the affected borrowers, and free credit reports for those that request them.
The servicers involved have also been working with local and federal authorities in order to investigate and take appropriate action against the criminal responsible for the attack. Meanwhile, customers should be vigilant about checking their accounts and credit reports for any suspicious activity.
In sum, numerous mortgage servicers have seen a combined total of 4 million borrowers affected by a data breach carried out by a malicious hacker. As a result, these servicers are taking various steps to protect their customers and their data, such as providing enhanced data security measures, offering free credit reports, and working with local and federal authorities in order to investigate and take action against the culprit. Meanwhile, customers should be vigilant in monitoring their accounts and credit report for any signs of suspicious activity.
This article was contributed on Nov 02, 2023