Overview
- LoanDepot, a major mortgage lender, has disclosed that hackers breached the personal data of over 16 million customers in a ransomware attack.
- The company has not yet specified what kind of sensitive personal information was stolen in the cyberattack.
- LoanDepot's IT systems were severely disrupted by the attack, with customers reporting issues with making payments and accessing their accounts.
- The company is offering free credit monitoring and identity protection services to impacted customers.
- LoanDepot is one of several major financial institutions that have been hit by cyberattacks in recent months.