The closing process is at risk – Wire fraud targeting high-value real estate transactions is on the rise. Preventing such fraud attacks is extremely difficult as these transactions involve multiple parties who communicate over vulnerable digital channels, highly prone to social engineering and cyberattacks.
- Real estate fraud expected to reach $1.5 billion annually
- Attack rates are increasing by over 100% YoY
- Number of homebuyers losing life savings every year at tens of thousands
Don’t want to become a part of the statistics? Download the one pager to learn what you can do to protect your finances.