RPost CEO Zafar Khan shares his thoughts on cyber threats facing the real estate industry as a featured expert in The Legal Description’s 2016 Cyber Security Special Report. The Legal Description’s 2016 Cyber Security Special Report educates title insurance and settlement services professionals on steps they should take to protect their money and information in the digital age.
In the report, Khan comments, “The greatest cyber threat in the title sector today is cybercriminals’ use of social networking tools and public data to lure participants in the real estate transaction, posing as another participant (title agent, settlement agent, Realtor, buyer, seller, lawyer or lender), into sending down payment funds to the criminal’s bank account, the FBI reports that millions of dollars have been stolen in the midst of real estate and other transactions with this tactic the tech industry calls ‘Whaling’ and the FBI calls ‘Business Email Compromise.’” Download the report.
The Legal Description is published by October Research, LLC., the nation’s leading provider of market intelligence, business news and state-by-state legal and regulatory information for the mortgage, real estate and settlement services industries.
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