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Mortgage Data Lures Cybercriminals: Onsite at MBA Annual

SAN DIEGO The quality, quantity and lack of cybersecurity investment make mortgage lenders a soft target.

By Heather Anderson | Updated on October 20, 2015
Quicken Loans Chief Information Officer Linglong He says when it comes to vendors, mortgage lenders should verify, then trust, rather than trust then verify.

SAN DIEGO – The quality of of data retained by the mortgage industry – borrower assets, and financial and personal records – as well as regulatory requirements to retain data make it attractive to cybercriminals.

Quicken Loans Chief Information Officer Linglong He pressed that point Tuesday during a general session panel at the Mortgage Bankers Association Annual Conference that addressed privacy, technology and cybersecurity.

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