The New York State Department of Financial Services (DFS) announced that First American Title Insurance Co. will pay a $1 million penalty to New York State for violations of DFS’s cybersecurity regulation stemming from a large-scale cybersecurity breach in May 2019.
The breach contributed to the exposure of consumers’ nonpublic information. In addition to penalties, the company has agreed to implement remedial measures to better secure consumer data under the consent order.
