Data on 3.3 million borrowers was stolen from a nonprofit company that helps
with student loan financing.
The theft occurred on March 20 or 21 from the headquarters of Educational
Credit Management Corp. (ECMC), which services loans when student borrowers
enter bankruptcy. The data was contained on portable media, said the
organization, which is a dedicated guaranty agency for Virginia, Oregon and
The data included names, addresses, birth dates and Social Security numbers
but no financial information such as credit card numbers or bank account data,
ECMC said in a news release.