Reis Sues Hacker for $360k of Stolen Reports

Flickr/Sebastiaan ter Burg

With the recent influx of company hacks, Reis has decided to take a stand, taking a local hacker to court over $360k of illegally downloaded reports. According to the suit, a Texas-based information thief has been stealing proprietary reports from Reis' 7,000- neighborhood commercial real estate database, using the log-in information of a NYC-based "Fortune Global 500 financial institution." The hacker reportedly logged into the database 178 times over the past year, snagging 798 reports. Reports go for as much as $999, pushing Reis to fight for punitive damages and repayment, the suit said. [NYP] 

Continue reading this story with a free account

Log in or register
Related Topics: Hack , Reis Services , Technology
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Midterms Results: What We Know So Far About CRE's Shake-Out

U.S. Hotel RevPAR Surges 7% In Q3, But Expect Easing From Here

Stock Sell-Off, Bond Market Jitters Signal Financing Trouble For AI Data Centers

Starwood Launches Residential Land JV Targeting $1B In Annual Originations

RealPage Antitrust Case Ends With Nearly $360M In Settlements For Renters

ZOM Living Entity Files For Bankruptcy To Fund Fight To Overturn $323M Judgment

How Colliers Engineering Helped A Struggling Dam Move To The Head Of The Class

Real Estate's Bottom Rung Is Getting Harder To Reach — And Now It Wants AI Skills

OpenAI Plans Data Center Rebrand To Make Projects Palatable To Voters

The Geo Group To Reopen 2,329-Bed Immigration Facility In Texas

Brookfield, CPP Complete $5.2B REIT Buyout, Pick Up U.S. Logistics Assets

Metropolis Is Bringing AI To The Parking Experience, And Property Owners Are Taking Notice