LoanDepot Reveals Data Breach Affecting Over 16 Million Customers

The mortgage lender is yet to specify the nature of the sensitive personal information compromised in the ransomware attack.

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.