The real estate website Zillow is facing a lawsuit for negligence after a listing on its site was hacked in February lowering the price by $60 million.
The Zillow listing was for a $150 million property in Bel Air, California but was hijacked by someone using a Chinese IP address who ended up posting fake sales information about the property.
Hackers - Property - Number - Times - Tens
The hackers claimed the property had been sold number of times for tens of millions of dollars below the real asking price: once for $110 million, then for $90.5 million and then $94.3 million.
The hackers even went so far as to post notice of an open house for the property - something that would be highly unusual for a luxury listing with such a high price tag.
Hosts - Pages - Homes - US - Users
Zillow hosts pages for roughly 110 million homes in the U.S. allowing users to log-in and change information about their home when necessary. It also means that determined hackers can also access the information should they get past security features.
'Any home on our website can be claimed by the homeowner. There are a series of questions that must be answered, but if someone attempts to claim it enough times, they will know the questions asked and be able to figure out what information they need to verify their identity,'Kim Nielson, senior lead counsel for Zillow Group told the LA Times.
Claims - Userd - Listing - Details - Identity
Not all claims are manually reviewed, which allowed the userd to manipulate the listing details without proving their identity.
The newly constructed home is a 38,000-square-foot mansion overlooking the Pacific Ocean with 12 bedrooms, 21 bathrooms, three kitchens, five bars, a bowling alley, tennis courts, wine cellars and an 85-foot infinity pool with its own bar, and a candy room filled with $200,000 worth of treats.
Makowsky - Car - Collection
Makowsky also included a car collection worth $30million, made...
(Excerpt) Read more at: Mail Online
http://www.dailymail.co.uk/news/article-6967735/Owner-L-s-expensive-home-suing-Zillow-Chinese-hackers-lowered-price.html
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