Cyber Risks · Krebs on Security

NY Charges First American Financial for Massive Data Leak

Summary: New York's Department of Financial Services filed its first-ever cybersecurity enforcement action against First American Financial Corp., charging the title insurer over a website flaw that exposed roughly 885 million mortgage records dating back to 2003, available without authentication to anyone with a browser. The DFS said the weakness was introduced in a May 2014 software update, found in First American's own December 2018 penetration test, and left unfixed for six more months until KrebsOnSecurity publicized it.

Bottom line: The DFS treats each exposed record as a separate violation at up to $1,000 apiece, and First American's own logs showed more than 350,000 documents accessed without authorization by bots in an 11-month window it could review - a penalty exposure that scales with records the company could not account for before June 2018.

Read the original at Krebs on Security ↗

Topics
Data Breaches
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