In 2018, the company that manages the Brooklyn condominium where cybersecurity expert Roman Sannikov lives was hacked.
The hacker locked down the property manager’s IT system and demanded the company pay a ransom to get back in. Sannikov, who leads a team of analysts scouring the dark web for intel on cybercrime and hacktivism, wasn’t personally affected by the breach; he pays his maintenance fees the old-fashioned way: by check. But as a member of the condo’s board, he had to notify residents and contend with the aftermath.
Yet Sannikov found that many of his neighbors simply shrugged off the news. “People didn’t pay attention to [it] as much as they should have,” he said.
A similar situation is playing out on a larger scale following last month’s data breach at Douglas Elliman’s property management arm. The company detected the breach in early April and notified residents and employees of the 390 properties it represents that their personal and financial information may have been exposed. Thousands of New Yorkers, many of whom reside in luxury condominiums and white-glove co-op buildings, may have had their data compromised.
But since the breach was revealed, there has been little outrage or concern expressed publicly by those who may have been affected.
Sannikov is just as surprised by that reaction as he was when his building was targeted. Attacks have gotten more dangerous since then, and residents of the well-heeled properties managed by Elliman’s firm face higher risks.
“A breach frequently isn’t the end of malicious activity,” said Sannikov. “It’s just the beginning.”
What’s at stake
In April, more than 500 million Facebook users had their dates of birth, phone numbers, employer information and locations hacked. It’s just the latest in a long list of massive data breaches, which often occur years before the affected parties are notified.
For example: Three billion Yahoo users had their personal information exposed in a 2014 breach that the company only acknowledged two years later. The extent of the incident wasn’t fully known until 2017. The same year,…
In In 2018, the company that manages Brooklyn condos, home to cybersecurity expert Roman Sannikov, was hacked.
The hacker locked down the real estate manager’s IT system and demanded that the company pay the ransom and come back. Sannikov, who leads a team of analysts scrutinizing the dark web for information about cybercrime and hacking, was not personally affected by the breach. He pays the maintenance fee in the traditional way: by check. However, as a member of the condominium board, he had to inform the residents and fight the aftermath.
Still, Sanikov noticed that many of his neighbors were simply shrugging the news. “People weren’t paying attention [it] As long as they should have, “he said.
A similar situation has been rolled out on a larger scale following last month. Data breache In Douglas Elliman’s Asset Management Department. The company detected a breach in early April and notified residents and employees of 390 properties that personal and financial information may have been disclosed. Thousands of New Yorkers, many of whom live in luxury condominiums and white-gloved co-operative buildings, can put their data at risk.
But since the breach was revealed A little anger Or concerns publicly expressed by those who may have been affected.
Sanikov is as amazed at the reaction as when his building was targeted. Since then, attacks have become more dangerous and wealthy real estate residents managed by Eliman’s company face higher risks.
“Violation is often not the end of malicious activity,” Sanikov said. “That’s just the beginning.”
What is at stake
In April, over 500 million Facebook users hacked their date of birth, phone number, employer information, and location. This is the latest in a long list of large data breaches that often occur years before the affected parties are notified.
Example: 3 billion Yahoo users disclosed their personal information for a 2014 breach, but the company only admitted it two years later. The scope of the case was not completely known until 2017. That same year, hackers allegedly came from the Chinese military and stole information from Equifax, one of America’s largest credit…
With COVID-19, came digitization. With digitization, came contactless services, work from home and, an unforeseen boost in online services. Millions of users started registering for ecommerce, fintech, grocery delivery, healthtech, and more, adding to the burgeoning databases of businesses and organizations.
And with all this, came cybersecurity threats. One after the other, organizations are facing malicious hacks, even as they scramble to contain the damage done.
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