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Lawyers for the plaintiff maintain the companies should have been on notice of inadequate security measures after a reported data breach in 2022.
December 18 -
To make amends to former and current borrowers, Mr. Cooper is footing the bill for two years of complimentary identity protection services.
December 15 -
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An increase in paper mail theft corresponds with a rise in physically altered checks that redirect funds to fraudsters.
December 10 -
While ransomware group Alphv/Blackcat claims to have orchestrated the incident, title insurance company Fidelity National Financial has not yet stated whether confidential data was compromised.
November 29 -
To date, all of the lawsuits accuse the servicer of failing to secure and safeguard customers personal identifiable information.
November 29 -
Also, Wells Fargo, Finance of America entered into partnerships affecting real estate tax and cybersecurity solutions.
November 17 -
At least two legal actions have been filed in a Texas federal court.
November 14 -
Some of the lender's servicing systems continue to be shutdown as of Wednesday.
November 8 -
In light of the shift over the past few years, most companies in the space have refocused on their long-term strategy, which includes optimizing technology infrastructure and providing a superior customer experience, write leaders from SimpleNexus and nCino.
November 7SimpleNexus