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SOURCE Move, Inc.
SAN JOSE, Calif., June 19, 2014 /PRNewswire/ -- Move, Inc., (NASDAQ:MOVE), a leading provider of online real estate services, reports that it is continuing to combat the distributed denial of service (DDoS) attack, which has interrupted its websites' operations since it began mid-day June 17. Move's technical team is working around-the-clock with the Prolexic division of Akamai Technologies, Inc., a leading DDoS mitigation service provider; other Internet security experts; and its network service providers to mitigate the attack and quickly restore operations.
In connection with the attack, Move received a ransom demand, which it did not respond to. DDoS attacks on Internet-based businesses and associated ransom demands are unfortunately becoming more common. Move is consulting with appropriate federal law enforcement officials and other technology companies that have been targets of DDoS attacks in recent months to review best practices for responding. Law enforcement is working to determine the attack's origin.
DDoS attacks are sent by people or botnets, which are Internet-connected programs that work on tasks.
Move operates realtor.com®, the official website of the National Association of REALTORS®. The DDoS attack is driving massive amounts of traffic from external sources to Move's data center, making realtor.com®, Top Producer® services, and Move's other Internet services available intermittently. The attacks also have targeted and impacted the redundant aspects of our systems.
Although, Move has defended itself from DDoS attacks in past, the scale of this week's attack is large enough to impact the company's network service providers and require the services of Prolexic. At this time, Move has no evidence that this attack includes or has resulted in any compromise of data or other content on its websites.
"Our focus is to restore operations as quickly and securely as possible to provide consumers access to the most accurate* residential listings available, and to support our real estate industry customers," said John Robison, Move's chief technology officer. "We appreciate our customers' understanding as we combat this attack on our services."
Move is working 24/7 to migrate its Internet services to a different network architecture to increase their protection. Move operates a large suite of websites so its migration plan is complex and will take several days to complete, which is typical for companies under a DDoS attack of this magnitude.
"Most accurate" claim(s) pertain to the accuracy of home listings, are based on comparison with other national listing portals, and are based on the greater frequency of listings updating on realtor.com®
About Move, Inc. and realtor.com®
Move, Inc. (NASDAQ:MOVE), a leading provider of online real estate services, operates realtor.com®, which connects people to the essential, accurate information needed to identify their perfect home and to the REALTORS® whose expertise guides consumers through buying and selling. As the official website for the National Association of REALTORS®, realtor.com® empowers consumers to make smart home buying, selling and renting decisions by leveraging its direct, real-time connections with more than 800 multiple listing services (MLS) via all types of computers, tablets and smart telephones. Realtor.com® is where home happens. Move's network of websites provides consumers a wealth of innovative tools and accurate information including Doorsteps®, HomeInsightSM, SocialBiosSM, Moving.com™, SeniorHousingNetSM, homefairSM and Relocation.com. Move supports real estate agents and brokerages by providing many services to grow their businesses, including ListHub™, the nation's leading listing syndicator and centralized intelligence platform for the real estate industry; TigerLead®; Top Producer® Systems; and FiveStreetSM; as well as many free services. Move is based in the heart of the Silicon Valley - San Jose, CA.
REALTOR® and REALTOR.COM® are trademarks of the National Association of REALTORS® and are used with its permission. These and all other trademarks used in this work are the property of their respective owners.
Mary A. C. Fallon
Move Office 408-558-7191
This news release may contain forward-looking statements, including information about management's view of Move's future expectations, plans and prospects, within the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks, uncertainties and other factors, which may cause the results of Move, its subsidiaries, divisions and concepts to be materially different from those expressed or implied in such statements. These risk factors and others are included from time to time in documents Move files with the Securities and Exchange Commission, including but not limited to, its Form 10-Ks, Form 10-Qs and Form 8-Ks. Other unknown or unpredictable factors also could have material adverse effects on Move's future results. The forward-looking statements included in this press release are made only as of the date hereof. Move cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, Move expressly disclaims any intent or obligation to update any forward-looking statements to reflect subsequent events or circumstances.
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