Mortgage Software Solutions Blog

Hackers are more persistent now than ever before, and they’ll stop at nothing to get at your sensitive data. International hackers are now specifically targeting mortgage companies because of the wealth of personal information contained in their systems. Mortgage businesses are among the largest security targets, due to the fact that they deal with the largest amount of personal information that can be used for identity theft.

Credit unions and mortgage companies are entrusted with some of clients’ most private information. From social security numbers to bank statements, it’s imperative that those companies are taking measured steps to protect borrowers and their private documents from cybersecurity threats.Often the borrowers themselves place their information in jeopardy when they send non-public information via unencrypted emails. This places many lenders in a predicament. Somehow, they must maintain trust, security, and compliance, without sacrificing client efficiency and convenience. Though achieving this balance was once a problem for mortgage companies, there is now a tool available that can do just that: DocumentGuardian.