Items Tagged with 'ransomware attack'


  • Mortgage data isn't secure: Here's why and how to fix it

    The risk of a major attack is growing
    The mortgage market suffers from a security dichotomy — haves vs. have-nots. The biggest players boast well-advanced security and large, dedicated security teams, while the smaller companies struggle. This means that the risk of a major attack is growing.
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  • Fitch Ratings to servicers: It’s imperative you maintain robust IT security

    The standard for servicers rated by Fitch
    The massive amount of data and money that passes through the mortgage finance industry makes it extremely susceptible to attacks from hackers. Plus, it’s not a matter of if it will happen; it’s already going on, and the threat of cyberattacks is only increasing. Fitch Ratings is making sure it is staying in front of the problem and is stressing the importance of a robust information technology for servicers.
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