Cyberattacks at property firms

Property firms are sometimes highlighted as targets for cyberattacks given that the data they hold could be of significant value to cybercriminals. This is due to the extent of personal information that needs to be recorded to manage properties and complete buying and renting transactions. Cyberattacks at property firms can, therefore, represent a significant threat to data security, which is why it is vital for these companies to ensure that they have appropriate data protection procedures and cybersecurity measures in place.

Successful cyberattacks at property firms could result in fraud, scams and significant distress for the victims, so we are here to help those affected through such a difficult situation. We have represented many victims of data exposure for compensation claims, allowing victims to achieve justice for any harm caused.

If you wish to take action after a data breach, making a claim is a key means of holding those who caused the incident to account.

Cyberattacks at property firms – why might letting and estate agents be targeted?

To use an example, there was a previous data breach at the Foxtons Group estate agency that highlighted the damage that can be caused by cyberattacks at property firms. The company was reportedly targeted with a malware attack, via which hackers were able to access personal information, including the financial details of some 16,000 customers. You can never downplay the risks of a data breach like that, and the risks of loss and suffering were evident.

The data breach also highlighted the reasons for which property firms may be targeted by hackers. The industry of property management is built on a great deal of financial transactions that often require large amounts of sensitive information. Even where no money is changing hands, the signing of tenancy contracts can involve disclosing lots of personal details. For example, letting agents may take copies of your passport as proof of your identity. With such extensive personal records on offer, it is unsurprising that cyberattacks at property firms can be profitable for hackers.

Data breach claims for property firm data breaches

If you have been affected by a data breach at a property firm, you could make a compensation claim for any harm that the breach has caused. For instance, you could be eligible to recover damages for the factor of distress, taking into account any stress, anxiety or sleeping difficulties you may have experienced. A data breach claim can also recognise the financial consequences that can be linked to cyberattacks at property firms. If your data has been misused for the purposes of scams and fraud after being exposed, you could recover compensation to cover the money you lost.

Claiming with expert Data Leak Lawyers

If you have been affected by a data breach, it is important to seek the advice of expert lawyers to ensure you have the best chance of winning the compensation you deserve. At Your Lawyers (t/a The Data Leak Lawyers), we have been representing clients for privacy claims for seven years, enhancing our expertise in some of the most high-profile data breach cases in the UK, including the 56 Dean Street clinic breach, and the British Airways data breaches. With such experience behind us, you can be sure that we have the expertise to bring your claim to fruition.

Contact our team for free, no-obligation advice today to find out more about your eligibility to claim.

The importance of company security and claiming compensation

When privacy causes harm to your career: over £30,000 settlement