Adam Constantine on MLK Jr.’s impact on housing equality

During the interview, Constantine explains why the industry needs to focus on evoking intentional change rather than launching lackluster initiatives.

Navigating capacity concerns amidst record-high volumes

High loan volumes continues to loom large in the new year, making the “one-stop-shop” approach to the servicing and lending process even more appealing.

How servicers continue to protect neighborhoods amid COVID

We spoke with MCS CEO Caroline Reaves about self-service technology, the shift to virtual and how servicers can prepare for post-COVID success by improving processes today.

How student loan debt impact homeownership

Student loan expert Catalina Kaiyoorawongs shares her practical and tangible advice for people who feel overwhelmed by their student loan debt.

Real EstateMortgage

Move receives ransom demand to stop cyber attack

Strategic DDoS attack clogs website

Move (MOVE) received a ransom demand in connection with its recent distributed denial of service attack, which it chose not to respond to, the company announced.  

The DDoS attacks have interrupted the company’s website operations since it began mid-day June 17.

Ransom demands are becoming more common with DDoS attacks, and Move is working with federal law enforcement officials to figure out how to respond. The company operates under the National Association of Realtors official website Realtor.com.

Move said it continues to work around-the-clock with the Prolexic division of Akamai Technologies, other Internet security experts and its network service providers to mitigate the attack and quickly restore operations.

Similar cyber attacks reportedly impacted Evernote and Feedly and more pertinently put a company called Code Spaces completely out of business.

Here's how Prolexic says it happens:

A malicious hacker uses a DDoS attack to make a computer resource (i.e. – website, application, e-mail, voicemail, network) stop responding to legitimate users. The malicious hacker does this by commanding a fleet of remotely-controlled computers to send a flood of network traffic to the target. The target becomes so busy dealing with the attacker’s requests that it doesn’t have time to respond to legitimate users’ requests. That can cause the target system to stop responding, resulting in long delays and outages.

The attack brings to mind recent events at Ellie Mae (ELLI). The loan origination software company back in April, believed it was the target of a "malicious" DDoS attack which created widespread access problems to its platform.

The company later clarified that it was not the target of a DDoS attack.

Most Popular Articles

Prepare for the rise in mortgage rates

Economists offer their takes on how high mortgage rates will climb, how lenders will respond and what impact this will have on the housing market. HW+ Premium Content

Jan 18, 2021 By

Latest Articles

CoStar and private equity group battle for CoreLogic

Nearly three months after data giant CoreLogic confirmed it was exploring multiple offers of acquisition the company is down to final two bidders.

Jan 22, 2021 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please