Luxury real estate firm Sotheby’s International hit by cyber security attack

Sotheby’s International is investigating a cyber security breach involving unauthorized access to a third-party marketing platform. The firm confirmed that while contact information was accessed, no financial transaction data or property documentation was compromised.
Why it matters
Data security breaches in luxury firms highlight the ongoing risks to client privacy and the vulnerabilities of third-party software integrations.
Sotheby's International says it is investigating a cyber security incident. Photo / 123rf
Luxury real estate firm Sotheby’s International says it is investigating a cyber security incident that involved unauthorised access to data it was holding in a third-party software platform.
The platform is a system designed to hold contact information for marketing purposes.
Sotheby’s said data that might have been accessed included names, addresses, emails and phone numbers.
“No email exchanges, documentation or other substantive material relating to properties have been accessed. The platform is not used to store information used for customer financial transactions,” it said in a statement.
It said it took steps to contain the incident when it became aware of what had happened.
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