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Technology@lemmy.worldEnglish · 8 months ago

Mortgage and loan giant LoanDepot hit by suspected ransomware attack

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Mortgage and loan giant LoanDepot hit by suspected ransomware attack

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Technology@lemmy.worldEnglish · 8 months ago

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LoanDepot hit by suspected ransomware attack | TechCrunch

The mortgage and loan giant told regulators that it's experiencing a cybersecurity incident involving the "encryption of data."

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8 months ago

Mr. Cooper said it would incur at least $25 million in additional costs as a result of the incident,

How much do we think it would cost to simply properly protect the data?

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