While the increased availability of online shopping is convenient, it also makes it more lucrative for scammers to trick buyers into paying for goods they won’t receive or obtain their personal information for financial gain.
The 411 Blog
Cybersecurity is a broad topic. It not only covers information technology and data protection, but it also addresses privacy, operational procedures, and policies. The 411 Blog covers all of that and more. From new trends in data protection to new tactics used by fraudsters to advice on what to do when things go wrong, The 411 has you covered with up-to-date information and advice.
For many in the Real Estate Settlement Services industry this is their worst nightmare: the moment you realize that you have acted on fraudulent wire instructions, and the funds are gone. Panic sets in. You are trying to find the guidelines you have on what steps you need to take. You quickly call your bank, you report the fraud at the FBI’s website, you try to reach out to the FBI and local law enforcement. Now what? You feel powerless. You feel like you have no control. You want to get this fixed now!