First American Financial Corporation has a special webpage up: "First American has experienced a cybersecurity incident. In response, we have taken certain systems offline and are working to return to normal business operations as soon as possible. Updates will be posted to this page."
HousingWire first reported the story or, to be more specific, this particular incident, because the problem that commercial real estate companies are facing from cybercriminals isn't new.
Warnings about cybersecurity treats to CRE firms go back to at least 2019. In 2021, experts were telling GlobeSt.com about ongoing problems of this type. Cybercriminals were getting more creative with how they got into a company's servers.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.