LoanDepot outage drags into second week after ransomware attack

LoanDepot customers say they have been unable to make mortgage payments or access their online accounts following a suspected ransomware attack on the company last week.

The mortgage and loan giant said on January 8 that it was working to “restore normal business operations as quickly as possible” following a security incident that involved the “encryption of data,” a common hallmark of a ransomware attack.

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Source: TechCrunch