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'It's sabotage': valuation company hits out after new data leak

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'It's sabotage': Sydney company claims it's a victim of a saboteur bent on destroying it | msccummins

LandMark White claims it is the victim of a saboteur bent on destroying the listed valuation firm after it was hit with another data leak.

LandMark White values home loan applications on behalf of all major lenders. It went into an extended trading halt in February weeks after a disastrous data breach that came to light that saw the personal and financial data of up to 137,500 valuation customers appeared on the dark net. The latest breach comes only six weeks after LandMark White was reinstated on the ASX and came to light after the close of trade on the ASX. LandMark White shares closed up 3.7 per cent to 28¢ well below its 49¢ valuation immediately before the first hack.In a statement to the ASX on Thursday night, company secretary John Wise said the SCRIBD expected to have all documents offline within 24 hours.

Mr Wise said the company would work with law enforcement agencies as needed as it investigated the problem.

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