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Cyber attack at Marcus & Millichap

Marcus & Millichap has reported it was the target of a cyber attack on its IT systems.

The commercial real estate services company reported in its most recent SEC filings that it hired cybersecurity experts to secure and restore its systems and was able to do so with “no material disruption to its business.”

The company’s investigation of the attack is ongoing; however, its said there is no evidence as yet of any material risk or misuse relating to personal information.

“The company continues to work with its external cybersecurity experts to assess and enhance the security of systems and personal information,” it said in a statement.

Marcus & Millichap carries cyber insurance, which it expects will cover the majority of costs related to the attack.

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