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Security Oversight May Have Enabled Countrywide Breach

Man accused of stealing customer data from mortgage lender Countrywide probably was able to download and save the data to an external drive due to an oversight by the company’s IT department. Countrywide’s owner, Bank of America, has not responded to a request for information about the type of security it employs to prevent this type of theft. Over a two-year period, Rene Rebollo estimated he downloaded approximately 20,000 customer profiles each week and sold files with that many names for US$500.”]

Source: https://www.csoonline.com/article/2113235/security-oversight-may-have-enabled-countrywide-breach.html

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