Was Your LendingTree File Hacked?
Bob Sullivan writes on the MSNBC "The Red Tape Chronicles" Blog:
LendingTree has told its customers that former employees helped unauthorized mortgage lenders hack into its systems and steal customer information from 2006 to 2008.More here.
The incident reveals just how aggressive the mortgage loan business was during the height of the housing boom, and also raises fears for consumers who share their information with companies that help them shop around for the best deal. And it highlights what experts say is an often overlooked source of data theft -- the inside job.
According to a letter sent to customers recently, former LendingTree LLC employees shared "confidential passwords" with lenders, who in turn used the login information to "access LendingTree's customer loan request forms."
posted by Fergie @ 4/22/2008 02:46:00 PM
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