Fidelity National Financial has now announced that criminals infiltrated its IT network in November and obtained data on 1.3 million customers.
The mortgage giant, which has assets of $74 billion and is one of the largest providers of title insurance and settlement services in the United States, cited “cybersecurity incidents” in an 8-K filing with the SEC that month. revealed.
At the time, the company said the digital intrusion forced the outage of some IT systems and disrupted some title and mortgage-related services.
Ransomware gang ALPHV/BlackCat claimed responsibility for the attack shortly after, but the team has provided few details about the data allegedly stolen. This was before law enforcement seized the gang’s dark website in December.
FNF has not yet described or responded to this incident as a ransomware infection. registerQuestions regarding the nature of cybersecurity incidents.
in 8-K Report Modifications FNF provided additional details about the intrusion in a filing Tuesday, saying it was based on the results of a forensic investigation completed Dec. 13.
“We have determined that an unauthorized third party gained access to certain FNF systems, deployed non-self-propagating malware, and exfiltrated certain data,” the SEC filing said. “The company has no evidence that any customer-owned systems were directly affected by this incident, nor have any customers reported this to have happened. The last known occurrence was November 20, 2023.”
FNF also said it would notify approximately 1.3 million customers whose data was stolen and provide credit monitoring and identity services to affected customers.
The magazine added that the company “has been named as a defendant in several lawsuits related to this case.” The company continued, “At this point, we do not believe this incident will have a material impact on the company.”
They may think that by doing so, they can absorb the economic damage caused by cyberattacks. Mr. Cooper, another mortgage lender, said last month it expected to spend at least $25 million to clean up an earlier security breach in which the data of about 14.7 million people was stolen. FNF’s annual profit in 2022 will exceed $1 billion, compared with more than $500 million in previous fiscal years. You could probably take a hit.
In addition to these two financial services companies, Loan Depot on Monday experience A “cyber incident” that caused some systems to go offline. The financial giant provided additional details about the security threat, which sounds like ransomware, in his subsequent SEC filing.
“While our investigation is ongoing, at this time the company has determined that the unauthorized third party activity includes accessing certain corporate systems and encrypting data,” LoanDepot said in a statement. mentioned in. 8-K report.
Fidelity added that it “continues to take steps to ensure the safety of our business operations, bring our systems back online, and respond to incidents.” ®