Description

LoanCare, a significant player in mortgage servicing, is notifying 1,316,938 borrowers across the U.S. of a data breach affecting its parent company, Fidelity National Financial. The breach, revealed through an SEC filing by Fidelity National Financial, involved unauthorized access to their information technology network, compromising sensitive data of LoanCare customers. Exposed information includes full names, addresses, Social Security Numbers (SSNs), and loan numbers. This data breach poses risks such as targeted phishing, social engineering, and scams. Recipients of the breach notice are advised to stay cautious regarding unsolicited communications. LoanCare, in response, has informed authorities and provided impacted individuals with a sample notice while engaging in an investigation aided by third-party experts and state departments. To mitigate risks, they are offering enrollment in a two-year identity monitoring service through Kroll. This breach follows a similar incident affecting First American Financial Corporation, a title insurance giant. First American's cyberattack has caused system disruptions, with ongoing efforts to restore normal operations. However, there are no current updates on potential customer data exposure from this incident. Affected individuals are urged to remain vigilant, utilize the provided identity monitoring service, and exercise caution with unexpected communications or requests for personal information.