May 29, 2024 at 06:36AM
First American Financial Corporation disclosed a cyberattack compromising personal information of 44,000 individuals, impacting its subsidiaries. The company took systems offline for containment and later restoration. It informed SEC of the data breach and pledged to notify affected individuals, offer credit monitoring, and didn’t disclose the ransomware gang or payment status.
Key takeaways from the meeting notes about First American Financial Corporation’s cyberattack:
– In December 2023, the personal information of 44,000 individuals was compromised in a cyberattack on First American Financial Corporation.
– The firm initially disclosed the incident on December 21 and took systems offline as a containment measure after identifying unauthorized activity.
– Subsidiaries such as First American Title and FirstAm.com were also impacted, and email systems were taken offline.
– Full system restoration was announced on January 8, 2024.
– First American informed the SEC of the data breach on December 29 and revealed that certain non-production systems had been encrypted.
– The company will provide notifications to affected individuals and offer credit monitoring and identity protection services.
– Details on the type of compromised personal information, the ransomware gang behind the attack, and whether a ransom was paid have not been shared.
– SecurityWeek has reached out to First American for additional details on the data breach.
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