The real-estate industry braces for potential paralysis after a ransomware attack downed a major cloud provider for title companies
Summary List Placement A ransomware hack has hit a key part of the red-hot residential real estate market, which could impede transactions including the buying and selling of homes. Cloudstar, a cloud-hosting service used by many title insurance firms, confirmed to The Title Report that its services have been offline after a ransomware attack on Friday. Cloudstar hosts the data for hundreds of title companies and lenders, as well as other regulated industries, across five data centers throughout the United States. "Title" is the legal right to ownership of a property
The real-estate industry braces for potential paralysis after a ransomware attack downed a major cloud provider for title companies
Summary List Placement A ransomware hack has hit a key part of the red-hot residential real estate market, which could impede transactions including the buying and selling of homes. Cloudstar, a cloud-hosting service used by many title insurance firms, confirmed to The Title Report that its services have been offline after a ransomware attack on Friday. Cloudstar hosts the data for hundreds of title companies and lenders, as well as other regulated industries, across five data centers throughout the United States. "Title" is the legal right to ownership of a property