17 August 2023

Real Estate Brought to Standstill By Ransomware Attack

Apparently this started on Wednesday, but I only heard about it Monday. Real estate markets scramble following cyberattack on listings provider | Ars Technica

Rapattoni Corporation is a service provider that apparently provides services to a lot of realty organizations nationwide. The Multiple Listing Service, or MLS, the main system realtors use to list homes, publicize open houses, note that a home is under contract, or that the price has changed, etc. Talked to a realtor friend this afternoon, and they are at a loss.

The company is saying a bunch of meaningless things like, "we are working through the weekend," which may have been OK on Sunday, but they haven't issued an update on Monday. Of course my guess is that like so many organizations, they have very little in the way of preparation for something like this.

You can't plan for a disaster (natural or man-made) after you've been hit with a disaster.

There are a lot of articles on the outage. Most seem to be restating the basics. Ransomware. Rapattoni. No ETA on repairs. Etc. I haven't been able to find any info on the actors, or the nature of the attack. The only thing I'm sure of is that if it requires a lot more security to make this system secure going forward (do you think they should rebuild it before they secure it?) realtors will scream. Even more than they are screaming now.

I had hoped that someone would publish more info about this, but the company that got hacked hasn't been very communicative, at least not on the technical front. So this is all we have...

1 comment:

  1. I had hoped that by now, more than a week into this ransomware attack, we would have more info. As far as I can tell, the company in question, Rapattoni, hasn't even issued much in the way of communication with its customers. That is never a good sign.

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