Mr. Cooper Faces Coopersized Troubles
Key Points From This Real Estate Dystopia:
- In deep waters, Mr. Cooper, a loan servicing giant, is drowning under multiple lawsuits due to a recent cybersecurity breach.
- All is not lost, however. The company seems to be cruising in the titanic and is trying to redeem itself by offering two years of complimentary identity protection services and credit monitoring to all current and former customers.
- In an attempt to suppress the storm, Mr. Cooper has also developed a swanky contingency plan that includes cyber risk contractions and customer friendly approach to weather any possible future storms in the cyber sea.
Final Hot Take:
Not too long ago, Mr. Cooper claimed to be the captain of a smoothly sailing ship. Now it seems that they’re playing Jack Sparrow in a sequel to Pirates of the Caribbean: Black Pearl. Call it ‘Pirates of the Cyberbeanean: Breach Pearl’.
A few glitches in the matrix and a gang of cyber pirates turned their ship into the Titanic. Recently, they’ve been saying “Mr. Cooper, we have a problem!” quite a lot, thanks to the uninvited cyber guests causing a hullabaloo in the firm’s internal network. Multiple lawsuits later, Mr. Cooper is now treading the waters with complimentary identity protection services and 24 months of credit monitoring for current and former patrons. Now isn’t that a lifeline!
Like a cat with seven lives, Mr. Cooper is also focusing on a cyber risk plan to save the ship from any future icebergs. Could it be the birth of ‘Cyberbeanean: Dead Man’s no Breach’? One can only hope!
So there you have it, folks, a tale of loss, redemption, and the high seas of cyberspace. To our dear readers, protect your pirate treasure, mates, or you may find yourself aboard the S.S. Breach, sailing into the stormy seas of identity theft!
Original article: https://www.inman.com/2023/12/15/mr-cooper-hackers-got-personal-info-on-past-and-present-customers/
