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The real estate industry has had a difficult 2023 when it comes to cyber attacks. The UK Manage Services Provider CTS suffered a cyber incident that affected conveyancing firms, preventing deal closure, U.S real estate services firm Fidelity National Financial suffered an attack in November, Danish Firm EDC was also hacked in November and now it is reported that First American is a victim of a cyber attack. First American recently paid the New York Department of Financial Services $1million to settle a previous violation.
One suspects that First American may come under the scrutiny of regulators again.
Ted Dziekanowski Brian D. McCarthy
#cybersecurity #cyberriskmanagement #cyberattack
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