Mortgage Investors Group Data Breach Class Action Investigation

At Console & Associates, our data breach lawyers are closely examining the recent Mortgage Investors Group data breach. This data breach was disclosed following a cybersecurity incident at Mortgage Investors Group, which may have exposed sensitive personal information and financial data of an undetermined number of individuals. The full scope of affected individuals is still being assessed through an ongoing investigation.

What Happened?

A recent notice posted on Mortgage Investors Group's website stated that the company experienced a cybersecurity incident on December 11, 2024, that compromised their IT network systems. The breach was discovered the following day, prompting immediate engagement with external cybersecurity experts to investigate the incident's scope and impact.

The unauthorized party gained access to files and folders containing sensitive personal information, including financial data. Currently, a third-party vendor is conducting a comprehensive review to determine the exact nature of the compromised information and identify all affected individuals. Once completed, Mortgage Investors Group has committed to sending notification letters and providing complimentary credit monitoring services to those impacted.

Steps To Take If You Were Affected By A Data Breach

1. Monitor all accounts and credit reports closely
   1. Set up alerts for suspicious activity
   2. Review all financial statements thoroughly
   3. Request free credit reports and examine them for unauthorized entries
      
      
2. Consider freezing your credit
   1. Contact all three major credit bureaus to place a freeze
   2. Understand this prevents new accounts from being opened in your name
   3. Remember to temporarily lift the freeze when applying for legitimate credit
      
      
3. Look out for phishing attempts using information from the Mortgage Investors Group data breach
   1. Be wary of unexpected emails or messages claiming to be from Mortgage Investors Group
   2. Don't click on suspicious links or download unexpected attachments
   3. Verify all communications through official channels
      
      
4. Change passwords for affected accounts
   1. Create strong, unique passwords for each account
   2. Use a combination of letters, numbers, and special characters
   3. Consider using a password manager for better security
      
      
5. Enable two-factor authentication where possible
   1. Add this extra layer of security to all important accounts
   2. Use authenticator apps rather than SMS when available
   3. Keep backup codes in a secure location

For more detailed guidance, explore our “Guide for Victims of a Data Breach” to better understand measures you can take to protect yourself after a data breach.

Mortgage Investors Group Overview

Mortgage Investors Group operates as a residential mortgage lending institution headquartered in Knoxville, Tennessee. Founded in 1989, the company maintains operations across the southeastern United States, with a particular presence in Tennessee, Alabama, and North Carolina. Mortgage Investors Group employs approximately 440 individuals and generates annual revenue of $32 million. Their service offerings include conventional loans, FHA loans, VA loans, USDA loans, and refinancing options. The company processes residential mortgage lending services through multiple locations across their service area.

Mortgage Investors Group Data Breach Victims Have Rights - Don’t Wait to Act

How do you know that you were affected by the Mortgage Investors Group data breach? Usually victims receive a NOTICE OF DATA BREACH in the mail, but the impact of a breach can be felt long before notices are sent to those affected. This can be in the form of fraudulent financial activity and other forms of identity theft.

If you believe you were affected, we encourage you to reach out to our data breach law firm for legal assistance through a no-cost consultation about your situation. We will review your eligibility to file a data breach class action lawsuit and discuss your legal rights and any compensation that may be available to you.

Complete our confidential contact form below and a member of our legal team will be in touch.