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LoanDepot Breach: 16.6 Million People Impacted

Posted: Mon Jan 22, 2024 3:57 pm
by rbc
Lending giant LoanDepot (NYSE: LDI) said Monday that roughly 16.6 million individuals were impacted as a result of a ransomware attack originally disclosed earlier this month.

In a Form 8-K filing with the Securities and Exchange Commission (SEC) on January 4th, the company said it “has determined that the unauthorized third party activity included access to certain company systems and the encryption of data.”

As part of its incident response, the company shut down certain systems and launched an investigation.
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LoanDepot Breach: 16.6 Million People Impacted