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LoanDepot Takes Systems Offline Following Ransomware Attack

Mortgage and non-mortgage lending firm LoanDepot has fallen victim to a ransomware attack that resulted in system disruptions.
The Irvine, California-based nonbank holding company also said that it immediately took steps to contain the incident, launched an investigation into the matter, and started notifying regulators and law enforcement.
The SEC filing does not provide details on whether any personal information might have been compromised during the attack.
SecurityWeek has not yet seen any known ransomware gang claiming responsibility for the attack.
LoanDepot is the second mortgage firm in the US to fall victim to a cyberattack over the past two months, after Mr. Cooper experienced a data breach impacting 14.7 million individuals.
In late December 2023, LoanCare, which provides loan subservicing for mortgage loaners, announced that more than 1.3 million individuals were impacted by a data breach after its parent company Fidelity National Financial fell victim to a ransomware attack.


This Cyber News was published on www.securityweek.com. Publication date: Tue, 09 Jan 2024 14:13:31 +0000


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