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 ASX Share Market News

Broker written in white with a man drawing a yellow underline.
Broker Notes

Top brokers name 3 ASX shares to buy next week

Brokers gave buy ratings to these ASX shares last week. Why are they bullish?

Read more »

Woman with her kitten on a laptop in her home office.
ASX Share Market News

ASX 200 utilities shares gained 7% while the broader market fell heavily last week

Utilities outperformed, rising 7%, while the benchmark index fell heavily last week.

Read more »

Man and woman sitting at table with the man looking a bit puzzled at his laptop.
Share Gainers

Here are the top 10 ASX 200 shares today

It was a tough end to a rough week for investors.

Read more »

Group of people toasting with wine
Broker Notes

Buy, hold, sell: Transurban, Orora, Treasury Wine Estates shares

Here's what top broker Morgans thinks of these 3 ASX 200 shares following their FY26 reports.

Read more »

Businessman studying a high technology holographic stock market chart.
Broker Notes

8 ASX 200 shares with fresh buy ratings this week

Brokers retained a positive view on Westpac, Sonic Healthcare, Minerals 260, and other shares.

Read more »

a group of rockclimbers attached to each other with a rope hang precariously from a steep cliff face with the bottom two climbers not touch the rockface but dangling in midair held only by the rope.
ASX Share Market News

Why DroneShield, Life360 and SGH shares are crashing lower this week

Investors sent Life360, SGH, and DroneShield shares tumbling this week. But why?

Read more »

Woman working on her laptop at a café.
Broker Notes

7 ASX 200 shares downgraded by the experts this week

Brokers reduced their ratings on IAG, Seek, Woolworths, and other ASX 200 stocks.

Read more »

Three trophies in declining sizes with a red curtain backdrop.
ASX Share Market News

3 ASX 200 stocks leaping higher in this week's slumping market on big news

Investors sent these three ASX 200 stocks flying higher in this week’s falling market. But why?

Read more »