American cyber attack makes headlines

December 22, 2023
1 min read

First American Financial Corporation has reported a cybersecurity incident, although details about the extent of the breach remain limited. The company has temporarily taken certain systems offline and is working to return to normal business operations. This incident follows similar breaches in the mortgage industry, including those at Fidelity National Financial and Mr. Cooper. First American has experienced previous breaches, with a 2019 incident potentially exposing sensitive personal information from over 885 million records. The company settled with the SEC and the New York State Department of Financial Services as a result. The incident at First American underscores the ongoing importance and challenges of cybersecurity in the mortgage industry.

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