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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 billion in 2019.

Insurance 282
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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 263
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Access to over 3,000 compromised sites sold on Russian black marketplace MagBo

Security Affairs

Security experts at Flashpoint discovered the availability of the access to over 3,000 compromised sites sold on Russian black marketplace MagBo. A new report published by researchers at Flashpoint revealed the availability on an underground hacking forum for Russian-speaking users of access to over 3,000 breached websites.

Access 87
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How IBM and AWS are partnering to deliver the promise of AI for business

IBM Big Data Hub

In today’s digital age where data stands as a prized asset, generative AI serves as the transformative tool to mine its potential. Scaling AI in business presents unique challenges: Data accessibility : Fragmented and siloed data stifle advancement. Forrester indicates that 40% of companies face this obstacle.

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The Scammers’ Playbook: How Cybercriminals Get Ahold of Your Data

eSecurity Planet

To this end, some impressive technology has been created to combat the technological side of the issue, to keep hackers and similar bad actors from accessing data and account privileges they shouldn’t. Finance and insurance finished a close second at 22.4%. of cyber attacks IBM handled. 70% of attacks were on banks.

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The Week in Cyber Security and Data Privacy: 1 – 7 January 2024

IT Governance

They accessed 41.5 million customers’ data having gained access via a vulnerability in Hathaway’s Laravel web application framework. million individuals affected HealthEC LLC, a health technology company, has announced that it suffered a data breach in July 2023, in which systems were accessed and files were copied.

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Prometei botnet is targeting ProxyLogon Microsoft Exchange flaws

Security Affairs

The crypto-mining has a modular structure and employes multiple techniques to infect systems and evade detection. Prometei has been observed to be active in systems across a variety of industries, including: Finance, Insurance, Retail, Manufacturing, Utilities, Travel, and Construction.” ” concludes the report.

Mining 62