fintechJanuary 25, 2019
Security Lapse Causes Exposure of Millions of Mortgage Documents
More than 24 million mortgage loan documents were exposed online after the vendor OpticsML, who works with banks, had their server exposed due to a security lapse; the data exposed included a decade’s worth of loan and mortgage agreements, repayment schedules and other highly sensitive financial and tax documents; TechCrunch and independent security researcher Bob Diachenko found the lapse through financial data and analytics company Ascension, who used the vendor; the documents trace back to divisions at Citi, HSBC, Wells Fargo, Capital One and Department of Housing and Urban Development. Source.