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Fitch Ratings Warns Servicers Against Ignoring Security Testing

On Wednesday, in response to recent Ransomware attacks across over 150 countries around the world including the publicized DocuSign, Fitch Ratings issued a press release reminding information technology (IT) companies in the mortgage finance industry the importance of remaining vigilant in the ever-present need for regular security testing. While it reports no operations have been effected, it stresses the need for continued and constant upgrades to both software and hardware.

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