A lawsuit was recently filed by the parent company of Realtor.com against a former employee currently working at CoStar subsidiary Homes.com. The lawsuit alleges that the former employee stole confidential data, sparking a legal battle between the two industry giants.
Key points from the text include:
– Lawsuit filed by Realtor.com parent company against former employee now at Homes.com
– Allegations of stolen confidential data
– Legal battle unfolding between industry giants
The situation highlights the importance of data security and protection within the mortgage industry. As companies increasingly rely on data to drive business decisions, safeguarding confidential information has become paramount. This lawsuit serves as a cautionary tale for industry professionals to prioritize data security measures and implement robust protocols to prevent unauthorized access and theft.
You can read this full article at: https://www.housingwire.com/articles/move-sues-costar-over-alleged-theft-of-trade-secrets/(subscription required)
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