Lakeview Loan Service Data Breach Scandal 2022: Shocking Details!

Lakeview is the fourth-largest mortgage service company in the United States Of America and it is located in Coral Gables, Florida. Lakeview Loan Servicing, LLC (LLS) has been hit with at least two proposed class action lawsuits in the wake of a 2021 data breach that affected more than 2.5 million consumers.

What is The Lakeview Loan Service Data Breach Scandal

Lakeview is the fourth-largest mortgage service company in the United States Of America and it is located in Coral Gables, Florida. Lakeview Loan Servicing, LLC (LLS) has been hit with at least two proposed class action lawsuits in the wake of a 2021 data breach that affected more than 2.5 million consumers.

The data of 2,537,261 individuals were compromised in the breach. If you have received a data breach incident letter from Lakeview Loan Servicing, LLC, then you are among those impacted by the breach.

Information that was exposed in the Data Breach

  • Social Security numbers
  • Names
  • Addresses
  • Loan Numbers
  • “information provided in connection with a loan application, loan modification, or other items regarding loan servicing.”

What is the Lawsuit All about

The Lakeview Data Breach was a direct result of Lakeview’s failure to implement adequate cybersecurity measures. The lawsuits were both filed March 31 and alleged that the data breach, which occurred from October 27 through December 7, 2021 was caused by Lakeview negligence. The lawsuits claim that Lakeview waited until late March 2022 to notify those whose information was compromised, so Lakeview customers were exposed heightened risk of identity theft and fraud but they also made matters worse by delaying to notify the victims as such Lakeview allegedly failed to properly encrypt its data or otherwise protect its systems and files from unauthorized access.

How to know if you are in the settlement class

If you received a NOTICE OF DATA BREACH letter from Lakeview Loan Servicing, LLC then you are part of the settlement class.

Conclusion

Consequent upon the foregoing, Lakeview is now offering 12 months of free Identity Monitoring.

click Here to read about other settlement cases.

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