this post was submitted on 18 Dec 2023
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I think companies like Mr. Cooper just manage the mortgages on behalf of Freddie Mac, so unfortunately the hackers can't do everyone a solid and just delete them.
Unless they are truly incompetent, there’s no way they could do that regardless. They’d need a no-backup solution, or at least no cold backups.
I see you don't work in tech at a large corporation. FYI, even if some of the engineers are good, 99% of management is so incompetent it's flabbergasting.
The big dumb ass Corp, a fortune 100, that I work for had a jr admin... gave him admin on the vmware cluster. The dude deleted 70% of the VMs before anyone noticed. No backups. All hands on deck rebuilding critical systems for a week.
I’ve worked for large corps before, all had backups, and whenever money was at risk there were cold backups as well.
Even the clients who were failing and going bankrupt kept backups, actually.