“Gibbs Law Group LLP has filed the first nationwide class action lawsuit accusing First American Title Company of failing to properly secure 885 million sensitive customer files, instead choosing to store them in a ‘woefully insecure,’” publicly-accessible system. “First American has turned the American dream of home ownership into a financial security nightmare for its customers,” according to the complaint.

Specifically, the lawsuit alleges that First American Title Company was negligent, and violated its contracts with customers, in the way it stored their personal information, which included bank account numbers, Social Security numbers, financial and tax records, and photos of their drivers’ licenses. “This grave lapse in security resulted in publicly exposing hundreds of millions of customers’ personal files, leaving them vulnerable to identify theft and other cybercrimes,” the plaintiffs maintain. 

Read the complete Press Release on Yahoo! here