We’ve published many articles on the seriousness of cyber attacks in the title industry – to read on about how you can protect your investment, check out our articles, here.
Recently, cyber attackers infiltrated a major title industry cloud service provider, Cloudstar. Cloudstar is still, currently, offline following the attack.
According to the American Land Title Association (ALTA), Cloudstar operates six data centers throughout the United States and has more than 42,000 users (Alliance Title currently has not used Cloudstar in the past or presently).
Cloudstar immediately brought in third-party experts to assist in recovery efforts and law enforcement.
Anne Neuberger, Deputy National Security Advisor for Cyber and Emerging Technology, wrote to business leaders under the Biden administration this past June on the importance of stopping and punishing ransomware attacks. The letter explains the Biden administration’s urgency to seek to disrupt cyber attacks and holding “countries that harbor ransomware actors accountable.”
The Cybersecurity and Infrastructure Security Agency (CISA) has developed a ransomeware guide that includes best practices and a response checklist. Review here.
For more real estate industry news, stop by Alliance Title’s Blog.