On January 11, Rapattoni Corporation, a provider of multiple listings service (MLS) software, was the victim of a cyber attack that crippled its systems and rendered its software unusable.

After nearly two weeks of being offline, Rapattoni is now back online in multiple markets. The company is working with law enforcement to investigation the attack and determine who is responsible. In the meantime, they have implemented new security measures to prevent future attacks.

This attack highlights the vulnerabilities of MLS software providers and the need for better security measures. Rapattoni is just one of many MLS software providers, and if its systems can be so easily compromised, it is possible that others may be vulnerable as well. This could have major implications for the real estate industry, which relies heavily on MLS software.

You can read this full article at: https://www.housingwire.com/articles/rapattonis-mls-services-are-being-restored-following-cyber-attack/(subscription required)

Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.