The class members claim Ally Financial was negligent in safeguarding consumers' personal information
Tagged: Cybersecurity
Cybercriminals are demanding payments between $300,000 and $5 million a piece
FHA mortgagees experiencing a potential or actual cyberattack must notify HUD within 12 hours.
U.S. investment firms and credit lenders see a 9% annual increase in the financial impact of fraud.
A data breach in December exposed customer information.
loanDepot tells federal regulators that the cybersecurity incident will impact its Q1 earnings.
Company attributes cybersecurity breach to vulnerability in third-party vendor software; provides credit monitoring for affected customers.
Lawsuits allege failure to prevent data breach and seek class status, while customers worry about potential misuse of stolen information.
Mortgage lender resumes operations amidst growing cybersecurity challenges in the industry.
Lawsuits allege negligence and delayed disclosure of the breach, with plaintiffs seeking class action status and monetary damages for affected individuals.