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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. based First American [ NYSE:FAF ] is a leading provider of title insurance and settlement services to the real estate and mortgage industries. It employs some 18,000 people and brought in $6.2

Insurance 290
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First American Financial Pays Farcical $500K Fine

Krebs on Security

The SEC says First American derives nearly 92 percent of its revenue from its title insurance segment, earning $7.1 Title insurance protects homebuyers from the prospect of someone contesting their legitimacy as the new homeowner. Title insurance is not mandated by law, but most lenders require it as part of any mortgage transaction.

Insurance 272
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ABBYY Partners with Alteryx Extending the Alteryx Analytic Process Automation Platform with Deeper Process Intelligence

Info Source

According to the Constellation Research ShortList for Robotic Process Automation , “the RPA market is converging with business process management, process mining and workflow tools,” and “buyer’s should expect these tools to leverage artificial intelligence (AI) to blur the lines between human and machine processes.”

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Expect More Spam Calls and SIM-Card Scams: 400 Million Phone Numbers Exposed

Adam Levin

As much as I love this one friend of mine, nothing is private when we’re together. They did it again this week with news that 419 million records, including phone numbers and user IDs, were scraped from Facebook and stored in a database that was just sitting online accessible to anyone who might like to peruse it.

Mining 79
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State Attackers Moving from Stealing Data to Social Meddling

Ascent Innovations

The new cyber intelligence report expects the monetary benefits will allure the use of crypto-mining malware and cryptocurrencies by cyber attackers this year. They look to steal credit card numbers from financial services & insurance companies or install malware on the critical systems used by healthcare companies.

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What is a Cyberattack? Types and Defenses

eSecurity Planet

Cisco Umbrella , analyzing the threat environment for 2022, found that 86% of organizations experienced phishing, 69% experienced unsolicited crypto mining, 50% were affected by ransomware, and 48% experienced some form of information-stealing malware. Capital markets, insurance, financial services, and banking are now online.

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ABBYY Acquires TimelinePI to Strengthen Leadership Role in Digital Transformation

Info Source

The acquisition of TimelinePI represents a significant milestone in establishing ABBYY’s leadership role in the digital transformation market as well as a global player in the emerging process mining market, which Gartner estimates will triple by 2023. We call this Digital IQ for the enterprise.