Just over a month later, details of the attack that paralyzed the real estate market in the United States were revealed.
A major real estate insurance company, Fidelity National Financial, has experienced a cybersecurity incident. Its subsidiary LoanCare, one of the leading credit service providers, reported that 1,316,938 people's data was compromised in a hacker attack in November.
Events were rapidly developing on November 19, when LoanCare discovered unauthorized access to the systems of its parent company. As follows from the company's message, the hackers had access to the client's name, address, social security number and loan number.
Fidelity National Financial, which owns many regional insurance companies, took immediate action: notified law enforcement and government agencies, launched an investigation, and engaged cybersecurity experts. Although the incident was localized, the hackers managed to withdraw the data. Victims are offered a two-year digital identity protection service from Kroll.
Real estate agents, home buyers, and many others involved in transactions were stranded in the days after the attack, as home sales failed to complete. The ALPHV (BlackCat) group claimed responsibility for the attack.
Shortly after the attack, the group's leak site, as well as the entire infrastructure, was seized by the FBI and other law enforcement agencies during an international operation to combat cybercrime.
In the context of large-scale attacks on financial institutions this fall, the Cybersecurity and Infrastructure Protection Agency (CISA) notes that groups affiliated with ALPHV compromised more than 1,000 facilities, mainly in the United States, demanded more than $500 million in ransom and received about $300 million.
The incident highlights not only the vulnerability of large financial institutions to cyber threats, but also the importance of protecting customers personal data in the digital age.
A major real estate insurance company, Fidelity National Financial, has experienced a cybersecurity incident. Its subsidiary LoanCare, one of the leading credit service providers, reported that 1,316,938 people's data was compromised in a hacker attack in November.
Events were rapidly developing on November 19, when LoanCare discovered unauthorized access to the systems of its parent company. As follows from the company's message, the hackers had access to the client's name, address, social security number and loan number.
Fidelity National Financial, which owns many regional insurance companies, took immediate action: notified law enforcement and government agencies, launched an investigation, and engaged cybersecurity experts. Although the incident was localized, the hackers managed to withdraw the data. Victims are offered a two-year digital identity protection service from Kroll.
Real estate agents, home buyers, and many others involved in transactions were stranded in the days after the attack, as home sales failed to complete. The ALPHV (BlackCat) group claimed responsibility for the attack.
Shortly after the attack, the group's leak site, as well as the entire infrastructure, was seized by the FBI and other law enforcement agencies during an international operation to combat cybercrime.
In the context of large-scale attacks on financial institutions this fall, the Cybersecurity and Infrastructure Protection Agency (CISA) notes that groups affiliated with ALPHV compromised more than 1,000 facilities, mainly in the United States, demanded more than $500 million in ransom and received about $300 million.
The incident highlights not only the vulnerability of large financial institutions to cyber threats, but also the importance of protecting customers personal data in the digital age.
