Home Trust Mortgage is a bank that specializes in mortgage financial services. The company was founded in 1995 and works with thousands of customers in different parts of the company. The organization offers to fund VA, FHA, Conventional, Jumbo, and IHDA mortgages. The business also offers down payment assistance to help buyers obtain the funds they need to make a purchase. The company offers to finance residential properties in Michigan, Florida, Wisconsin, Illinois, and Indiana.
The Home Trust Mortgage breach occurred because a group of hackers was able to infiltrate the company's network. Once inside, the team encrypted key company and patient documents and initiated a Ransomware attack for them.
The exact dates aren't known for this Home Trust Mortgage breach, but the company became aware of the security issue on July 22, 2022. From then on, a security team worked to restore security and assess the damage.
Consumers of Home Trust Mortgage were impacted by this data breach. The individuals that get services from the mortgage company were put at risk by the data loss. Consumers could suffer damage to their credit report and may take major losses as a result of this attack.
A specific file account wasn't determined while specialists examined the attack and resulting file loss. Data experts were able to determine that more than 17,000 borrowers could have been impacted by the attack. Anyone notified by HomeTrust should immediately add identity theft protection and watch their financial accounts closely.