Uncover the Shocking Tactics of Cyber Criminals

In the latest Title Now webinar, Shannon Widman and Tom Cronkright discuss the rising threat of wire fraud in real estate, emphasizing the importance of verifying identities and implementing robust cybersecurity measures. They highlight the dangers of seller impersonation fraud and the need for multi-factor authentication to protect against scams. The conversation also touches on the challenges faced by title agents and law firms, particularly those with multiple offices, in managing unsolicited title order requests. Additionally, they address the limitations of E&O insurance in covering cyber breaches and the need for new pricing models for smaller businesses. The session concludes with a call for increased awareness and proactive measures to combat fraud in the industry.