Cyber attacks

The title insurer said its title data and property records research tools have been restored, as well as its warranty site.

In a filing, the company's subservicing subsidiary Loancare said 1.3 million customers had their data compromised, while in an ongoing situation, customers of fellow title insurer First American find themselves without email or online access after a separate incident last week.

The title company was also attacked in 2019 and joins Fidelity National and Mr. Cooper among recent victims.

Lawyers for the plaintiff maintain the companies should have been on notice of inadequate security measures after a reported data breach in 2022.

To make amends to former and current borrowers, Mr. Cooper is footing the bill for two years of complimentary identity protection services.

While ransomware group Alphv/Blackcat claims to have orchestrated the incident, title insurance company Fidelity National Financial has not yet stated whether confidential data was compromised.

Some of the lender and servicer's systems are offline following the attack on Oct. 31.

The incident occurred in November 2020 when an unauthorized party gained access to company systems and deployed ransomware, resulting in compromise of employees' personal information.

Ransomware gang Cl0p is currently threatening 50 companies with releasing data it stole from them late last month.

The hackers, on their dark web blog, recently threatened to release supposed company and borrower information if the lender did not pay.