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November 4, 2022
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 min read

Managed Service Provider (MSP) Breached

A Scottsdale, Arizona based software company and MSP, offering products and services to mortgage companies, including the processing of residential mortgage applications was breached exposing 145,000 individuals. The firm serves over 15,000 subscribers and manages an annual revenue of more than $1.5 million.

What Happened?

On August 2, 2022, the company discovered that it had experienced a data breach in which the sensitive personal identifiable information in its systems may have been accessed. Through investigation, it was concluded that an unauthorized actor may have accessed this sensitive information. On September 29, 2022, customers were notified that the following information may have been exposed:

  • Name
  • Social Security number
  • Date of birth
  • Address

Based on breach data published by the Ponemon Institute, estimated damages could reach $12.5 million.

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