United States of America: SEC issues penalties against First American Financial Corporation for violation of cybersecurity disclosure controls and procedures
Progress
Current status
in force
14 Jun 2021 in force
Scope
Implementers
United States of America
Policy Area
Data governance
Policy Instrument
Cybersecurity regulation
Regulated Economic Activity
other service provider
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national
Timeline of events
SEC charges FAFC with cybersecurity disclosure controls violation
On 14 June 2021, the Securities and Exchange Commission (SEC) has charged First American Financial Corporation (FAFC), a real estate and mortgage insurance and settlement company. Specifically, the FAFC was charged with violations of the requirement…
SourceEvent type
investigation
Action type
ruling
Government branch
executive
Government body
other regulatory body