Guaranteed Rate a target of phishing – Finance News

on Jan13

12 January 2018 | 8:16 pm

Guaranteed Rate, a Chicago-based mortgage firm and the company whose name is on the White Sox stadium, today warned its employees and customers of a personal information breach caused by email phishing.

The company contacted law enforcement and launched an investigation immediately after the attack. “After a thorough investigation, which is now wrapping up, we have reason to believe that personal information relating to certain individuals was accessed by these unauthorized users,” the company said in a written statement.

The attack related only to email. No other applications or systems were impacted, according to the company.

The bank is in the process of notifying affected individuals. Guaranteed Rate has offered affected individuals access to a two-year free credit and identity monitoring and identity repair services, plus $1 million in identity theft insurance. These services include receiving alerts of any newly initiated credit activity.

“To combat the growing threat of email phishing scams, we have implemented additional cybersecurity measures to further protect personal information, including dual factor authentication, employee training, and numerous additional measures,” the company wrote.

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