Ransomware ‘catastrophe’ at Fidelity National Financial causes panic with homeowners and buyers
Reading Time: 2 minutesLast Tuesday, Fidelity National Financial, or FNF, a real estate services company that bills itself as the ‘leading provider of title insurance and escrow services, and North America’s largest title insurance company,’ announced that it had experienced a cyberattack.
Since then, homeowners who have mortgages and prospective buyers who are purchasing properties with FNF or one of its many subsidiaries have been left confused and concerned, not knowing exactly what is happening or what to do.
The woman, who asked to remain anonymous, said she has been trying to call IPX 1031 but has not been able to talk to anyone there.
A call on Monday to FNF’s receptionist at its corporate office was met with an automated message saying the receptionist was busy. Calls to the same number on Wednesday returned the same automated message.
FNF’s website was down at the time of publication.
To date, FNF has said little publicly about the incident. In a regulatory filing with the U.S. Securities and Exchange Commission where it announced the breach, FNF said: ‘We blocked access to certain of our systems, which resulted in disruptions to our business. For example, the services we provide related to title insurance, escrow and other title-related services, mortgage transaction services, and technology to the real estate and mortgage industries, have been affected by these measures.’
Christine Youmans, who said she uses LoanCare to pay her mortgage, said she doesn’t know what to do. LoanCare, which is owned by FNF, offers ‘full-service subservicing to the mortgage industry, according to its website.
A call to a number on the LoanCare website responded with an automated message that said: ‘For those of you impacted by the recent catastrophe, we hope you and your family are safe. We are here to help you and your family return to normal.’
Shortly after the cyberattack, the ransomware gang known as ALPHV (or BlackCat) claimed responsibility for the cyberattack on FNF in a message posted on the gang’s official dark web site.
Ref: techcrunch
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