PHH Data Breach Exposes Employee Information – American Banker Article
WASHINGTON — A temporary worker for PHH Corp. potentially gained access to employees’ personal information, including Social Security numbers and dates of birth, according to a letter from the company’s chief executive.
In a letter posted on the California Department of Justice’s website, Glen Messina, the $9.3 billion-asset mortgage servicer’s president and chief executive, wrote that the company learned on April 3 that the former employee was indicted and is cooperating with an investigation.
The servicer has sent the letter to former and existing employees of the company, cautioning them of the data breach. The company did not disclose how many letters were sent, but it had roughly 6,700 employees at the end of 2012, according to its annual report.
Messina said that the servicer had no evidence the temporary worker misused the data based on their own investigation, but they offered identity protection services through a company called AllClear ID until Nov. 15, 2014. The company also acknowledged it could improve its own policies that allow temporary workers access to so much information.
via PHH Data Breach Exposes Employee Information – American Banker Article.
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