This particular data breach at Countrywide will probably fade into the mist fairly quickly. It does show that any and all security measures can and will be defeated when a person who has access is the point of compromise. The sad fact is that despite a lot of efforts, until the issues that fuel (enable) this problem are addressed, we will continue to see personal and financial information stolen.
We have made personal and financial information worth a great deal of money and there are many people buying and selling it. Some of them even have legitimate or semi-legitimate status. The more this occurs means the information is going to be electronically transmitted (sold) and then stored in a variety of places. As long as this keeps happening, it's probably impossible to protect all of it.
Article comments
1 - Lets Sue
Lets sue countrywide!
2 - James
For anyone who believes they may have been harmed (i.e countrywide mortgage customer , applicants who never got a loan and their spouses please visit www.countrywidelawsuit.net
an attorney will contact you about joining the pending class action law suit.