Posted: 1st October 2024

Estate agents warned on ‘high alert’ for cyber-attacks

Real estate agents throughout the UK should remain vigilant as cyber-attacks aimed at the property sector persistently escalate.

Recent occurrences of cyber-attacks affecting conveyancing and legal firms have halted thousands of property transactions, underscoring the necessity for enhanced cybersecurity protocols within the industry. In simple terms, cyber-attacks and associated claims are increasing, and real estate agents must be ready.

The property sector remains a primary target for cybercriminals, with a concerning number of instances where businesses have succumbed to hackers attempting to deceive consumers.

The complexity of these attacks, including email spoofing techniques, presents a significant risk to the integrity of property transactions.

Among other factors, the rise in remote work has catalyzed heightened vulnerability, especially for smaller enterprises in the sector.

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In last summer an open day house has been arranged for my property, it was on sunday (18th August 2013) between 09:30AM to 18:30PM, and on next day afternoon more than 400K price has been achieved by Property Hub for my property. This price was more than what I have initially expected. I would highly recommend every seller to use Property Hub's One Day guarantee deal. Thanks to Property Hub Team.

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