News and Updates on Information Technology

Australia – Trading Reference Australia

Exploit: Unauthorized Database Access
Trading References Australia: Digital Real Estate Services 

Risk to Small Business: 2.077 = Severe

The Office of the Australian Information Commissioner is investigating a data breach at the keeper of one of Australia’s largest tenant information databases, Trading Reference Australia. In addition to real estate services, the company also maintains a legendary blacklist of tenants. No word yet on what data was stolen and the matter is in current litigation.

Individual Risk: No personal or financial data has been reported as compromised in this breach so far, but it remains under investigation.

Customers Impacted: Unknown

How it Could Affect Your Customers’ Business: Failing to keep information secure, especially damaging information like a tenant blacklist has the potential to be very messy as both a recovery operation and a regulatory headache. Data like this sells fast in the Dark Web data markets.