LandMark White enters trading halt after banks suspend its use

LandMark White enters trading halt after banks suspend its use
LandMark White enters trading halt after banks suspend its use

LandMark White have entered a trading halt following the suspended use of its services from some of Australia's major banks.

NAB joined Commonwealth Bank and ANZ in suspended the services of the listed valuation company following a data breach.

Shares halted at ¢42, their lowest value since early 2014 when they sat at ¢41.

In 2017 they peaked at ¢75.

Up to 100,000 customers had personal information, including property valuations, phone numbers and dates of birth leaked as part data breach at LandMark White, according to Nine Entertainment.

"We are not in a position to say how many individuals are likely at risk as a result of the incident at this point although this remains under close review," LMW advised yesterday.

Founded in 1982 and listed on the Australian Stock Exchange in 2003, LMW has a long and proud heritage of providing independent professional property services to people and companies across Australia.

LMW has over 400 property professionals across 40 plus locations Australia wide.

Joel Robinson

Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.

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