Domain (ASX:DHG) rocked by cyberattack

Domain (ASX: DHG) issues warning after phishing scammer targets users of the online real estate classifieds site.

| More on:

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Cybersecurity shares represented by octopus reaching out of computer screen towards woman

Image source: Getty Images

Online real estate classifieds site Domain Holdings Australia Ltd (ASX: DHG) has been hit by a cyberattack.

The company sent an email to users warning them to take caution when applying for rental properties.

"We have identified a scam that used a phishing attack to gain access to Domain's administrative systems to engage with people who have made rental property enquiries," Domain chief Jason Pellegrino said, as first reported by the Sydney Morning Herald.

"We understand the scammers then contacted some of these people by email to suggest that they pay a 'deposit' to secure a rental property on a website nominated by the scammer."

The Motley Fool has contacted Domain for comment.

According to Pellegrino, Domain has put measures in place to prevent further damage since finding out about the breach.

"We are sorry for any stress or negative impact this causes you," he said in the email to users. 

"Unfortunately, since COVID, scams like these have been on the rise."

The company is currently unaware of exactly how many users might be impacted by the scam.

The Domain share price is up 0.46% trading at $4.40 at the time of writing.

"It is disappointing for us to find out that after such a challenging past 12 months for many of us, some see this as an opportunity to take advantage of others," said Pellegrino of the scam.

Domain was originally spun off from Fairfax Media, which was since bought out by Nine Entertainment Co Holdings Ltd (ASX: NEC). Nine still holds a majority stake in the online classifieds site.

Nine itself suffered from a cyber-breach in March that saw live television disrupted. 

The Nine share price is currently trading at $2.85, up 3.64% from the previous close.

More on Share Market News

Business woman watching stocks and trends while thinking
Share Market News

5 things to watch on the ASX 200 on Thursday

It looks set to be a tough session for Aussie investors today.

Read more »

Bank building with the word bank in gold.
Share Market News

Here's what experts think will happen with the RBA interest rate this month

It seems like interest rates aren’t going to stay at this level.

Read more »

A businessman looking at his digital tablet or strategy planning in hotel conference lobby. He is happy at achieving financial goals.
Broker Notes

Morgans names 3 ASX shares to buy now

The broker is feeling bullish on these shares this week.

Read more »

A panel of four judges hold up cards all showing the perfect score of ten out of ten
Share Gainers

Here are the top 10 ASX 200 shares today

Investors continued to pull the markets back up today.

Read more »

Close-up photo of a human hand with $100 bills offering the money to another human hand.
Capital Raising

Why this ASX healthcare stock has crashed 20% today

The Imugene share price is plunging after announcing a heavily discounted capital raising.

Read more »

A man holding a cup of coffee puts his thumb up and smiles while at laptop.
Opinions

5 ASX shares I'd buy with $5,000 today

These are the shares I'd be buying right now.

Read more »

Time to sell written on a clock.
Broker Notes

Sell alert! Why this expert is calling time on Harvey Norman shares

A leading investment analyst forecasts mounting headwinds for Harvey Norman shares.

Read more »

A male investor wearing a white shirt and blue suit jacket sits at his desk looking at his laptop with his hands to his chin, waiting in anticipation.
Broker Notes

With half year profits up 9% to $1.6 billion, are Wesfarmers shares a buy?

A top investment expert provides his outlook for Wesfarmers shares.

Read more »