"LoanCare Notifying 1.3 Million of Data Breach Following Cyberattack on Parent Company"
Mortgage servicing firm LoanCare recently started informing more than 1.3 million individuals of a data breach impacting their personal information. A subsidiary of Fidelity National Financial (FNF), LoanCare provides loan subservicing for mortgage loaners, including banks, credit unions, and mortgage firms. According to LoanCare, the data breach resulted from a cyberattack on FNF’s internal systems. The incident was identified on November 19, resulting in business disruptions. The company noted that the incident was contained on November 26, 2023. The company is restoring normal business operations and is coordinating with its customers at the moment. Personal information such as names, addresses, Social Security numbers, and loan numbers were stolen during the data breach. The ransomware group named BlackCat and Alphv recently took credit for the attack on FNF.