The Digital and Human Connection In 2020, about 13,638 people were victims of wire fraud in the real estate and rental sector in 2020*. Fact is, the most common form of real estate cybercrime is wire fraud. While the majority of wire fraud happens before holiday weekends, as business and life becomes more digitized, the … Continue reading The Latest in Fraud Prevention: Better Practices
Five Things to Consider When Purchasing Cyber Liability Insurance
The FBI’s Internet Crime Complaint Center (IC3), which has been monitoring cyber criminal activity since 2016, received a record number of cybercrime-related complaints from the American public in 2020: Nearly 800,000 – a 69-percent year-over-year increase, with reported losses exceeding $4.1 billion. As cyber fraud attacks increase in volume and sophistication, many title companies are … Continue reading Five Things to Consider When Purchasing Cyber Liability Insurance
PROTECT YOUR REPUTATION AND YOUR WORK
As a title company, your reputation and very existence relies on the information, documentation, and verification of data. Anything less than maximum attention to protecting the security and validity of that data puts your company at risk. Protecting your identity is equally vital. Real estate fraud is the fastest growing cyber-crime in the nation, and … Continue reading PROTECT YOUR REPUTATION AND YOUR WORK
The (Real)ity of a Cyber Attack
If you work in the title industry, then you understand that your company is at risk for a cyberattack. You are constantly reading articles about fraudsters, scams, and phishing. You have ongoing training for staff, you put a prevention plan in place, and you upgraded your security measures. Your Cyber Security Incident Response Plan is … Continue reading The (Real)ity of a Cyber Attack
Ransomware: A Looming Threat To Title Agents
We have all heard about Ransomware, but what exactly is it? Ransomware is a form of malicious software (malware) designed to deny access to systems and/or encrypt files on a device rendering any files and the systems that rely on them unusable. Unfortunately, cybercriminals understand how lucrative real estate information is, making an attack … Continue reading Ransomware: A Looming Threat To Title Agents
Are You Operating in a Secure Remote Work Environment? Review These Cybersecurity Measures for Home
With the remote workforce rapidly increasing over the past dozen years, and more companies coming to terms with the necessity of employees working remotely, there is much to consider regarding managing a successful remote team. A remote workforce demands an entirely different structure than operating in a multi-person, shared office environment. It calls for a … Continue reading Are You Operating in a Secure Remote Work Environment? Review These Cybersecurity Measures for Home
The Importance of Cybersecurity in the Title Industry
This past year has been some of the most challenging times for individuals and companies. Many of us changed the way we conducted business overnight and had to settle into a ‘new normal’. Luckily, it appears as though the dust has settled, and we are getting back to the way things were before the pandemic. Through … Continue reading The Importance of Cybersecurity in the Title Industry
THE NEED FOR & USE OF MULTI-FACTOR-AUTHENTICATION
As a title company, your reputation and very existence relies on the information, documentation and verification of data. Anything less than maximum attention to protecting the security and validity of that data puts your company at risk. Protecting your identity is equally vital.A Forbes Magazine article not only states that real estate fraud is the … Continue reading THE NEED FOR & USE OF MULTI-FACTOR-AUTHENTICATION
Fraud Greater Concern Than Ever During the Pandemic
The exploding real estate market, which has coincided with a once-in-a-century pandemic has increased the likelihood of fraud.Mortgage “phishing”, in which a party receives an email with a fraudulent link is becoming ever more common. This is how it works: An emailed link is sent to a borrower or real estate agent requesting personal information … Continue reading Fraud Greater Concern Than Ever During the Pandemic
Working Securely from Home
As we have all been faced with challenges during COVID-19 changing the way we do business with many of us working from home, hackers have been presented with opportunities to cast a wider net on attacks. IT security has always been important and during these times that importance is even greater.In an ideal world we … Continue reading Working Securely from Home
The Importance of Cybersecurity for Small Businesses
Although the media headlines often highlight major data breaches of large corporations and government agencies, the majority of businesses being hacked are small businesses. Why is this the case? Most small businesses do not have layers of security in place to protect them so attackers consider them low hanging fruit. According to Verizon’s 2018 Data … Continue reading The Importance of Cybersecurity for Small Businesses