First American Financial Reveals Impact of December Cyberattack

Reported 4 months ago

First American Financial disclosed that the cyberattack in December affected 44,000 individuals, with unauthorized access to personal information. The company's investigation concluded with plans to notify and provide credit monitoring to those affected. The attack led to a 15% revenue decrease in the fourth quarter of 2023, following a settlement with the New York Department of Financial Services. This incident follows a ransomware attack on Fidelity National Financial and other cybersecurity breaches in the mortgage industry.

Source: YAHOO

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