Archive for the ‘Countrywide data breach’ Category

Two million vulnerable to identity theft after huge Countrywide data breach

Friday, August 8th, 2008

Two million records containing Social Security numbers and private financial information were stolen and sold by a former employee of the corporation’s sub-prime mortgage division.

So far, the identities of 19,000 customers are confirmed to have been compromised.

Every Sunday for two years Robert Rebollo Jr., a senior financial analyst, went into the office and downloaded the files of 20,000 customers. The batches of files were then sold for $500 each. (more…)