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Fortune 500 company shuts down network

November 22 – A prominent Fortune 500 company specializing in title insurance and settlement services for the real estate sector, disclosed a cyber security incident critical computer systems.

The company initiated an investigation, informed law enforcement, and implemented measures to assess and contain the situation.

As a result, disruptions occurred in services related to title insurance, escrow, and mortgage transactions. An unauthorized third party gained access to the company’s systems and acquired employee credentials, prompting ongoing investigations.

The breach halted real estate closings, affecting agents and homebuyers awaiting system availability, which is anticipated by Sunday.

Requests for comment from the organization remain unanswered. Reports suggest that the company opted to shut down its network, systems, and email to address the issue.

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