This can be very actual for someone. Mortgage and cyber security. Will your money stay safe?

As the digital age surges forward, mortgage companies now have a new issue on their hands—cybersecurity.
Mortgage companies are at risk of cyber attacks on their information as well as compromising consumer's information. Trillions of dollars are lost from cyber crimes each year due to information breaches and attacks.
James M. Deitch, CEO of Teraverde Management Advisors, a national consulting firm in the banking and financial industries, sat down with MReport to discuss this growing issue and the potential risks it posses to the mortgage industry.
MReport: What issues do you think cybersecurity poses for the mortgage industry and who is most at risk for this kind of problem?
Deitch: Mortgage bankers have a couple of risks in the cybersecurity space. The first is the actual loss of data due to a breach where personally identifiable information is infiltrated by a hacker. The second risk they have is repertory risk, in that under Gramm–Leach–Bliley Act (GLBA) and various state regulations, that if a breach occurs there are really two tracks you go down:

• One is the Consumer Protection track to notify the consumer that their information has been lost.
• And then secondly, the Regulatory track, which indicates that perhaps the information security measures that are in place at the company are not necessarily all that they need to be.
• And then the third area is malicious attacks such as ransomware, where an employee opens an email or clicks on a website that has malware on it which proceeds to encrypt the employee’s computer and if not properly protected, that malware can propagate throughout the company’s network onto servers and encrypt the server, and literally bring the business to a standstill.