First American Financial stock dips after reporting cybersecurity incident (NYSE:FAF)

First American Financial (NYSE:FAF) stock slid 2.6% in Thursday midday trading after the title insurance company reported a cybersecurity incident. By the close of trading, FAF pared the loss to -0.6%.

In response, FAF has taken some systems offline and is “working to return to normal business operations as soon as possible,” it said. As of 4:20 PM ET, the company had not updated its original statement.

The company’s brief statement did not describe the nature of the incident or what data may have been affected.

First American (FAF) provides title, settlement, and risk solutions for real estate transactions.