In December, First American Financial Corporation, the second-largest title insurance company in the United States, fell victim to a cyberattack. Approximately 44,000 individuals had their personal information breached. While the company is in the process of notifying affected customers, specific details about the compromised information have not been disclosed. The breach had a material impact on the company’s Q4 operations, resulting in a 15% decrease in revenue compared to the prior-year quarter. Despite this setback, First American expects minimal long-term effects from the attack.
