Countrywide Warns Of ID Theft
Two million loan applicants from Countrywide Financial may be exposed to possible ID theft. The mortgage company sent out a letter to its customers warning them that their personal and sensitive information such as Social Security numbers and credit files could be at risk.
This data breach resulted from a former employee who had been collecting and selling customer data to other financial institutions for marketing purposes. This lasted for a period of two years. The FBI has apprehended the suspect.
To assist Countrywide customers and loan applicants, the company has offered two years of free credit monitoring to those that feel their identity are at risk. As a matter of fact, Countrywide is encouraging everyone to establish a routine of review their credit profiles. It is indeed a good practice to start up. You can contact any of the three major credit reporting companies to sign up.
