Ransomware Attack Cost LoanDepot $27 Million
August 7, 2024 at 06:30AM Mortgage lender LoanDepot reported expenses of nearly $27 million due to a recent ransomware attack, which compromised the data of over 16 million individuals. Costs included investigation, customer notifications, legal fees, and litigation settlement. The ransomware group claimed responsibility and planned to sell the stolen data. Keytronic also suffered losses … Read more