- Hackers are looking for personally identifiable information such as:
- credit card or bank account information
- login credentials
- employment details
- physical address, e-mail address, and phone
- social security number
- Small Businesses account for the majority of the attacks according to the National Association of Realtors® technology policy expert
- Real Estate can be impacted in 4 major ways:
- financial harm from expenses resulting from the breach
- legal risks from lawsuits from clients or others impacted by the hack
- reputational risks from having to publicly disclose the hack.
- commercial properties are also vulnerable from hacks into their automated or building control systems.
- Most of the data security laws & regulations are at the state level.
PRNewswire | Cybercriminals Targeting Real Estate Transactions