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OAG: $1.2M cybersecurity settlement reached with real estate company

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Acting Attorney General Matthew Platkin and the Division of Consumer Affairs announced a $1.2 million settlement with Morris Plains-based Weichert Co. and its affiliates on May 18 over allegations that the company’s inadequate cybersecurity safeguards allowed unauthorized access to its network.

Three separate data breaches allegedly resulted from the lack of cybersecurity safeguards, compromising the personal information of at least 10,926 consumers and employees, including close to 7,000 New Jerseyans.

Weichert has agreed to pay $1.2 million and implement new security policies to resolve allegations that it violated the New Jersey Consumer Fraud Act, the Identity Theft Protection Act, and the Gramm-Leach-Bliley Act, the OAG announced Wednesday.

Platkin

The consent order alleges that Weichert’s lack of safeguards allowed unauthorized access on multiple occasions to its network during periods between July 2016 and July 2018, exposing personal…

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