Posts Tagged ‘Lending Tree’

Internal Threat Example: Lending Tree Privacy Breach And Civil Suit

Sunday, June 1st, 2008

Last month (May 2008…yes, it is June already!) Lending Tree got slapped with a civil suit alleging their personnel allowed mortgage lenders access to customer’s personally identifiable information (PII) and other confidential information.
The suit charges that Lending Tree did not have appropriate or adequate information safeguards in place, resulting in the employees using names, addresses, phone numbers, Social Security numbers, income information, and assorted other personal information, to market their own mortgage loans to the LendingTree customers.
The class-action lawsuit, (this is from a subscription site) represents all Lending Tree customers who submitted loan request forms to the company between Jan. 1 2006 and May 1, 2008.
From the case file…