The January ransomware attack on loanDepot has so far cost the mortgage lender $26.9 million, including $25 million toward the possible settlement of a related class action lawsuit, company executives said in their Q2 financial report.

The post Ransomware Attack Costs loanDepot Almost $27 Million appeared first on Security Boulevard.

Jeffrey Burt

Source: Security Boulevard
Source Link: https://securityboulevard.com/2024/08/ransomware-attack-costs-loandepot-almost-27-million/