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 1. Pro
 2. Security


INSURANCE GIANT FIRST AMERICAN CONFIRMS DATA BREACH AFFECTED THOUSANDS OF USERS

News
By Sead Fadilpašić
published yesterday

Around 44,000 customers had their data stolen





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 * 
 * 
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(Image credit: Shutterstock)


First American, one of the largest insurance companies in the United States, has
confirmed losing sensitive data on thousands of people in ransomware attack.



News of a cyberattack on First American emerged in late December 2023, forcing
it to shut some of its systems down, including its website. Soon after, it filed
a form with the US Securities and Exchange Commission (SEC) confirming that this
was attacked with ransomware, and saying it suspected the attackers stole
sensitive information: 



“Though the incident is still under investigation, the Company believes the
perpetrator of the activity accessed certain Company systems, exfiltrated data
and encrypted data on certain non-production systems,” First American said in
the filing. “The Company continues to assess whether the incident will have a
material impact on the Company’s financial condition or results of operations,
which at this point cannot be determined.”


CONCLUDED INVESTIGATION

Now, an updated form filed on May 28 notes the company has concluded its
investigation into the incident.

“Based upon our investigation and findings, the Company has determined that
personal information pertaining to approximately 44,000 individuals may have
been accessed without authorization as a result of the incident,” the update
reads. 



“The Company will provide appropriate notifications to potentially affected
individuals and offer those individuals credit monitoring and identity
protection services at no cost to them.”

Sadly, it's still not known who the threat actors are, or what type of data they
stole. Usually, ransomware operators will come forward to claim responsibility
for the attack and threaten to release the stolen data on the dark web, as a way
to pressure the victim into paying its ransom demand. The threat also usually
comes with a sample of the stolen data, which might give researchers more
insight into what was lost. 


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MORE FROM TECHRADAR PRO

 * Millions of US customers have social security numbers stolen in major Sav-Rx
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Sead Fadilpašić
Social Links Navigation

Sead is a seasoned freelance journalist based in Sarajevo, Bosnia and
Herzegovina. He writes about IT (cloud, IoT, 5G, VPN) and cybersecurity
(ransomware, data breaches, laws and regulations). In his career, spanning more
than a decade, he’s written for numerous media outlets, including Al Jazeera
Balkans. He’s also held several modules on content writing for Represent
Communications.

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