Security News > 2023 > November > BlackCat claims it is behind Fidelity National Financial ransomware shakedown

Fortune 500 insurance biz Fidelity National Financial has confirmed that it has fallen victim to a "Cybersecurity incident."

FNF recorded more than $11 billion in total revenue in 2022 and is one of the largest underwriters of title insurance and providers of transaction services to the real estate and mortgage industries in the US. Although investigations remain ongoing and the company has not yet disclosed the incident's material impact on trade, it did say an intruder "Accessed certain FNF systems and acquired certain credentials."

"FNF will continue to assess the impact of the incident and whether the incident may have a material impact on the company. We are working diligently to address the incident and to restore normal operations as quickly and safely as possible."

The Register has approached FNF for additional comment but did not receive a response.

Ransomware outfit ALPHV/BlackCat claimed responsibility for the attack on November 22, revealing few details about what they allegedly accessed.

After publishing a post to the group's leak blog, taking aim at incident response specialist Mandiant's reputation and lack of action regarding the attack, BlackCat said it was giving the company more time to respond before revealing more information about the attack.

News URL

https://go.theregister.com/feed/www.theregister.com/2023/11/23/blackcat_ransomware_fnf/