Academy Mortgage Notifies Consumers of Data Breach Following March 2023 Cyberattack

Console and Associates, P.C.
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On December 21, 2023, Academy Mortgage Corporation (“Academy”) filed a notice of data breach with the Attorney General of New Hampshire after discovering that the company was the victim of a recent cyberattack. In this notice, Academy explains that the incident resulted in an unauthorized party being able to access consumers’ sensitive information, which includes their names, dates of birth, and Social Security numbers. Upon completing its investigation, Academy Mortgage began sending out data breach notification letters to all individuals whose information was affected by the recent data security incident.

If you received a data breach notification from Academy Mortgage, it is essential you understand what is at risk and what you can do about it. A data breach lawyer can help you learn more about how to protect yourself from becoming a victim of fraud or identity theft, as well as discuss your legal options following the Academy Mortgage data breach. For more information, please see our recent piece on the topic here.

What Caused the Academy Mortgage Data Breach?

The Academy Mortgage data breach was only recently announced, and more information is expected in the near future. However, Academy’s filing with the Attorney General of New Hampshire provides some important information on what led up to the breach. According to this source, on March 21, 2023, Academy detected and stopped a data security incident involving an unauthorized party accessing and disabling portions of the company’s computer network. After determining that the incident was likely a cyberattack, Academy launched an investigation with the help of outside cybersecurity experts to learn more about its cause and what, if any, consumer information was affected.

The Academy Mortgage investigation confirmed that an unauthorized party was able to access files containing confidential information belonging to consumers and employees.

After learning that sensitive consumer data was accessible to an unauthorized party, Academy Mortgage reviewed the compromised files to determine what information was leaked and which consumers were impacted. Academy Mortgage completed this process on November 28, 2023. While the breached information varies depending on the individual, it may include your name, date of birth, and Social Security number.

On December 21, 2023, Academy Mortgage sent out data breach letters to anyone who was affected by the recent data security incident. These letters should provide victims with a list of what information belonging to them was compromised.

More Information About Academy Mortgage Corporation

Founded in 1988, Academy Mortgage is an independent mortgage lender based in Draper, Utah. Academy Mortgage offers a wide range of consumer mortgage options, including conventional loans, FHA loans, VA loans, USDA loans, jumbo loans, Renovation loans, and other refinancing options. The company also offers construction loans and specialty loans to certain professionals. Academy Mortgage employs more than 3,061 people and generates approximately $1.6 billion in annual revenue.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

© Console and Associates, P.C.

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