On February 19, 2025, the Federal Home Loan Mortgage Corporation (Freddie Mac) reported a significant data breach to the Massachusetts Attorney General. This data breach involved unauthorized access to sensitive consumer information. The compromised data includes names and Social Security numbers.
What Caused the Freddie Mac Data Breach?
Following an internal investigation, Freddie Mac sent data breach notification letters to affected individuals. The exact number of individuals impacted remains undisclosed. The type of information accessed varied per individual but may include names and Social Security numbers.
Details surrounding the cause of the Freddie Mac data breach are limited. Freddie Mac’s filing with the Massachusetts Attorney General offers minimal information. The investigation revealed that an unauthorized party accessed files containing confidential consumer data.
Freddie Mac’s Role in the US Housing Market
Freddie Mac is a government-sponsored enterprise. It plays a vital role in the U.S. housing market. It provides liquidity, stability, and affordability by purchasing mortgages and securitizing them into mortgage-backed securities. The company employs approximately 8,500 people and generates an estimated $22.2 billion in annual revenue.
Protecting Yourself After a Data Breach
If you received a data breach notification from Freddie Mac, it’s crucial to take proactive steps. This is especially important given the sensitive nature of the compromised data, including Social Security numbers, which are often used in identity theft. For more information on data breach protection, see our blog.
This incident highlights the importance of robust cybersecurity measures for all organizations handling sensitive personal information. For insights into current cybersecurity threats facing enterprise businesses, read our comprehensive guide: Top Cyber Threats Facing Enterprise Businesses in 2025.
Key Takeaways
- The Freddie Mac data breach exposed names and Social Security numbers.
- The number of affected individuals is unknown.
- The cause of the breach is still under investigation.
- Affected individuals should seek legal counsel and take steps to protect themselves from identity theft.
