Financial Advisor & Mortgage Broker
Security breaches are a pervasive problem in the mortgage industry, but mortgage originators may not realize how important it is for them to be conversant in the latest systems, threats and best practices in cybersecurity technology. If originators are untrained in security practices and in the dark about top-line threats, they put their careers as well as private borrower data at risk.
Financial-services companies are highly desirable targets for cybersecurity bad actors. Originators handle large amounts of borrower data, which is worth a lot of money to cyber criminals. Originators need to pay attention to more than the devices, networks and software via which they handle customer business. They should be careful and diligent in maintaining personal habits and business processes that deter information theft.