Title insurance company First American said all funds held at First American Trust and third-party partner banks remain secure despite a cyberattack affecting the company's operations since last week.
The real estate industry giant provided several updates about a cyberattack first announced December 21 in a brief notice posted to a temporary website.
The company also wrote on its temporary website on Friday that its email system has been taken offline, and it warned customers to be wary of emails purporting to be from First American, First American Title or from FirstAm.com.
That notice came after First American filed regulatory documents with the SEC on December 22 notifying the agency of the cyberattack.
The company has not responded to requests for comment about whether the incident is a ransomware attack.
The 8-K filing with the SEC said that the company recently identified unauthorized activity on certain systems and has since isolated systems from the internet.
Companies have to report issues in 8-K filings within four business days unless the U.S. attorney general determines that disclosure would threaten national security or public safety.
First American is one of the largest providers of title insurance and settlement services for U.S. real estate companies and mortgage issuers.
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Jonathan has worked across the globe as a journalist since 2014.
Before moving back to New York City, he worked for news outlets in South Africa, Jordan and Cambodia.
He previously covered cybersecurity at ZDNet and TechRepublic.
This Cyber News was published on therecord.media. Publication date: Thu, 28 Dec 2023 14:30:27 +0000