Less than a month after New York insurance regulators said a title insurer would pay $1 million for violations of a cybersecurity regulation stemming from a 2019 breach, the holding company for the insurer revealed a more recent cybersecurity incident.
Earlier this week, Fitch Ratings said that the latest incident, disclosed by First American Financial Corporation in a Dec. 22 filing with the Securities and Exchange Commission, probably won’t affect the company’s ratings in the near term. But ratings could eventually be impacted, Fitch said, if business operations remain constrained for an extended period, if investigation of the event reveals weak corporate governanc