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NY Charges First American Financial for Massive Data Leak

Krebs on Security

In May 2019, KrebsOnSecurity broke the news that the website of mortgage title insurance giant First American Financial Corp. had exposed approximately 885 million records related to mortgage deals going back to 2003. Securities and Exchange Commission each announced they were investigating the company.

Insurance 307
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SEC Announces Settled Charges Against First American for Cybersecurity Disclosure Controls Failures – Lessons Learned

Data Matters

In the Order, the SEC alleges that First American’s disclosures concerning the vulnerability were deficient because senior executives were not provided all available and relevant information, specifically that First American’s information security personnel had identified and failed to remediate the vulnerability months earlier in January 2019.

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Privacy and Cybersecurity Top 10 for 2018

Data Matters

We expect each of these trends to continue in 2018. As we begin this New Year, here is list of the top 10 privacy and cybersecurity issues for 2018: EU GDPR. The May 25, 2018 effective date for the EU’s General Data Protection Regulation (GDPR) will no doubt be a central focus of 2018. Data breach litigation risks.