General World News

Cyberattack at loanDepot brings systems down

Top-15 U.S. mortgage lender loanDepot confirmed Monday morning that it is the industry’s latest cyberattack victim. The incident has brought loanDepot’s systems down. 

The California-based lender, which originated about $17 billion in mortgage loans from January to September 2023, said it launched an investigation with the support of cybersecurity experts and began notifying regulators after identifying an incident affecting certain of its systems and the encryption of data. 

“The company shut down certain systems and continues to implement measures to secure its business operations, bring systems back online and respond to the incident,” loanDepot said in an 8k filing with details ⇒

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