Introduction The Federal Bureau of Investigation estimates criminals attempted to divert more than $90 billion in wire fraud transfers between June 2016 and December 2018. These “trick and transfer” scams are at the center of Business Email Compromise (BEC) epidemic that threatens nearly all businesses in the United States. The real estate sector has become a prime target for cyber perpetrators. Everyone in a transaction,
February News Brief
February 01, 2019 / Categories: Commercial Real Estate, Cybersecurity & Wire Fraud, Realtor, ResidentialFebruary News Brief The Landmark Abstract News Brief is a roundup of noteworthy articles from both the residential and commercial title industry. The February News Brief features several different articles on both the commercial and residential real estate industry. Use the link below to review the February News Brief. News Brief – February 2019 Some of the articles contained within include: The 4 Most Common Real Estate
January News Brief
January 04, 2019 / Categories: Commercial Real Estate, Cybersecurity & Wire Fraud, Realtor, ResidentialJanuary News Brief The Landmark Abstract News Brief is a roundup of noteworthy articles from both the residential and commercial title industry. The January News Brief features several different articles on both the commercial and residential real estate industry. Use the link below to review the January News Brief. News Brief – January 2019 Some of the articles contained within include: 25 Worst Passwords of 2018 Real
November News Brief
November 02, 2018 / Categories: Commercial Real Estate, Cybersecurity & Wire Fraud, Realtor, ResidentialNovember News Brief The Landmark Abstract News Brief is a roundup of noteworthy articles from both the residential and commercial title industry. The November News Brief features several different articles on both the commercial and residential real estate industry. Use the link below to review the November News Brief. News Brief – November 2018 Some of the articles contained within include: The ABCs of Connecting with
Realtors, Title Companies, Lenders Could be on Hook for Wire Fraud
October 25, 2018 / Categories: Cybersecurity & Wire Fraud, RealtorRealtors, Title Companies, Lenders Could be on Hook for Wire Fraud A white paper released by identity management company CertifID, analyzed a recent court ruling that heightened the standard of care owed by transaction participants to prevent wire fraud losses. According to the white paper “Wire Fraud Is Everyone’s Problem” written by CertifID founder and CEO Thomas Cronkright II, the ruling in Bain v. Platinum Realty