First American Financial Corp. will pay the SEC a $488,000 penalty as a result of a data breach revealed two years ago. The data breach exposed personal and mortgage-related documents via an online document-sharing system. The company still faces civil charges filed against it by the New York State Department of Financial Services. The penalty seems light in view of the harm and scope of the breach, says Michael Volkov, CEO of the Volkov Law Group and a former assistant U.S. attorney.”]
Source: https://www.govinfosecurity.com/first-american-financials-sec-breach-settlement-488000-a-16912