Massive Data Breach Exposes Millions of Mortgage Documents Online

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A massive data breech recently exposed millions of mortgage documents online.  According to TechCrunch, a trove of over than 24 million financial and banking documents, going back over 10 years, from tens of thousands of loans and mortgages from some of the biggest U.S. banks, was recently found online.  They say the database was only exposed for two weeks, however that was was long enough for independent researchers to find it.  They also report that the online server containing the data has since been shut down.  Interestingly (fortunately), the database stored documents in a random & jumbled order that were not easily easy to read and difficult to discern.  Either way, still not a good situation.

“From our review, it was clear that the documents pertain to loans and mortgages and other correspondence from several of the major financial and lending institutions dating as far back as 2008, if not longer, including CitiFinancial, a now-defunct lending finance arm of Citigroup, files from HSBC Life Insurance, Wells Fargo, CapitalOne and some U.S. federal departments, including the Department of Housing and Urban Development.”

(TechCrunch) One record, picked at random and redacted, reveals a loan agreement for an individual, including personal information such as the loan amount, name, address and Social Security number.

Click here to read the full story on techcrunch.com.

 

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Director of Education & Outreach, National Real Estate Investors Association

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