Security News > 2024 > May > First American December data breach impacts 44,000 people

First American Financial Corporation, the second-largest title insurance company in the United States, revealed Tuesday that a December cyberattack led to a breach impacting 44,000 individuals.

As the financial services company shared in a statement published on December 21 providing very few details regarding the nature of the incident, First American was forced to take some of its systems offline today to contain the impact of a cyberattack.

"As of the date of this filing, the Company's investigation of the incident has concluded. Based upon our investigation and findings, the Company has determined that personal information pertaining to approximately 44,000 individuals may have been accessed without authorization as a result of the incident," First American said.

On November 28, the company also agreed to pay a $1 million penalty to New York State for violating its cybersecurity regulations after exposing personal and financial data in a May 2019 security breach.

"As the nation's second-largest title insurance company, First American collects the personal and financial data of hundreds of thousands of individuals annually on title-related documents and stores that information in its proprietary EaglePro application," New York's DFS said.

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