Sunday, October 2, 2011

Suit Claims Real Estate Firm Hacked Rival’s Listings

From the Wall Street Journal,

Bond New York, a real estate brokerage with hundreds of upscale apartment listings around the city, has been accused of hacking into a competitor’s computer system and stealing listing information.

A.C. Lawrence & Co., a competitor firm, has filed suit in New York Civil Supreme Court, claiming that Bond has been hacking into its computer system since February and stealing exclusive listing information.

Competition among residential brokers for exclusive listings has long been fierce, the suit notes that this appear to be the first time in New York State that a brokerage has been accused of hacking into computers to steal listings.

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