[Dataloss] CA: Countrywide insider stole mortgage applicants' data, FBI says

[lyger]

http://www.latimes.com/business/la-fi-arrest2-2008aug02,0,7330731.story

The FBI on Friday arrested a former Countrywide Financial Corp. employee 
and another man in an alleged scheme to steal and sell sensitive personal 
information, including Social Security numbers, of as many as 2 million 
mortgage applicants.

The breach in security, which occurred over a two-year period though July, 
was one of the largest in years, experts said.

The insider was identified as Rene L. Rebollo Jr., 36, who had worked as a 
senior financial analyst at Full Spectrum Lending, Countrywide's subprime 
lending division. He was arrested at his home in Pasadena and charged with 
unauthorized access to a financial institution's computers.

Authorities also arrested Wahid Siddiqi, 25, at his home in Thousand Oaks. 
Authorities alleged that he was a reseller of Countrywide data.

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