First American Financial, which provides title, settlement, and risk solutions for real estate transactions, is the latest real estate company to face a cyber attack, following breaches at Fidelity National Financial and Mr. Cooper Group.
In a press release yesterday, the company wrote: “First American Financial Corporation has experienced a cybersecurity incident. In response, the company has temporarily taken certain systems offline and is working to return to normal business operations as soon as possible. Please visit FirstAmUpdate.com for the latest information.”
As of Friday morning, there remains no public updates.
Following the announcement Thursday, the company’s stock slid 2.6 percent. By the close of trading, FAF pared the loss to negative 0.6 percent.