Security News > 2023 > December > Mr. Cooper breach exposes sensitive info of over 14 million customers

Mortgage company Mr. Cooper has confirmed that personal information of over 14.6 million customers has been exposed in its October 2023 data breach.

"On October 31, 2023, Mr. Cooper detected suspicious activity in certain network systems," the company stated in the data breach notice sent out to affected customers.

The company immediately started an investigation, contacted the authorities, shut down its systems, and changed account passwords.

The breach could affect everyone whose mortgage has previously been acquired or serviced by Mr. Cooper, Nationstar Mortgage LLC, Centex Home Equity, or by a sister brand.

The company also revealed in a SEC filing that the expenses related to the incident could reach $25 million.

With personal data being exposed, customers should be on the lookout for possible phishing and social engineering attacks, and enroll in free identity protection services offered by the company.

News URL

https://www.helpnetsecurity.com/2023/12/19/mr-cooper-breach/