Security News > 2023 > December > Mortgage firm LoanCare warns 1.3 million people of data breach
Mortgage servicing company LoanCare is warning 1,316,938 borrowers across the U.S. that their sensitive information was exposed in a data breach at its parent company, Fidelity National Financial.
LoanCare is a sub-servicing and interim sub-servicing provider and a significant player in the mortgage servicing sector, handling approximately $390 billion in balances from 1.2 million loans.
"On or about November 19, 2023, LoanCare, LLC, which performs or has performed loan subservicing functions for your mortgage loan servicer, became aware of unauthorized access to certain systems within its parent's, Fidelity National Financial, Inc., information technology network," reads the LoanCare data breach notice.
The above data can be used for targeted phishing, social engineering, and scamming attacks, so recipients of the data breach notification are urged to remain vigilant against unsolicited communications.
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