Cornerstone lending8/3/2023 ![]() ![]() News of the Cornerstone Home Lending data breach is still fresh however, what we know at this point comes from the company’s filing with the Montana Attorney General. What We Know So Far About the Cornerstone Home Lending Breach To learn more about how to protect yourself from becoming a victim of fraud or identity theft and what your legal options are in the wake of the Cornerstone Home Lending data breach, please see our recent piece on the topic here. However, there are steps you can take to reduce your risk, and depending on the outcome of the pending investigation, you may also be able to pursue a data breach lawsuit against a company that leaks your information. As we’ve discussed previously, data breaches such as this one put your sensitive information in the hands of bad actors who can use your stolen information to commit identity theft or other types of fraud. If you received a data breach notification from Cornerstone Home Lending, it is essential you understand what is at risk and what you can do about it. After confirming that consumer data was leaked, Cornerstone began sending out data breach notification letters to all individuals who were impacted by the recent data security incident. Based on the company’s official filing, the incident resulted in an unauthorized party gaining access to consumers’ names, addresses, loan numbers, and bank account information. On April 3, 2023, Cornerstone Home Lending (“Cornerstone”), a division of Cornerstone Capital Bank, filed a notice of data breach with the Montana Attorney General’s Office after the company learned of a network security incident resulting in unauthorized actors being able to access confidential consumer data that was provided to Cornerstone.
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