LoanDepot, a large mortgage lender, experienced a ransomware attack that compromised the personal information of approximately 16.6 million people. The breach was initially disclosed earlier in the month and was further detailed in a recent filing with the Securities and Exchange Commission. LoanDepot has initiated an investigation and plans to offer credit monitoring and identity protection services to the affected individuals at no cost. This incident marks another significant cyberattack on mortgage firms in the U.S., following similar breaches at other companies.

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