Cybersecurity, Wire Fraud, & Scams
Protect Your Real Estate Transactions: The Latest in Wire Fraud Scams to Watch Out For
Real estate licensees around the world are facing increasing threats from wire fraud scammers. These scammers are becoming more sophisticated as they try to obtain financial benefit from…
How to Identify Red Flags in Sophisticated Real Estate Fraud Scams
Criminals are increasingly more sophisticated. They infiltrate real estate transactions to defraud parties out of their money. Most real estate professionals know that wire fraud has been around…
How To Prevent a Ransomware Attack
Your real estate brokerage, mortgage brokerage, property management company, or appraisal company is dependent upon electronics to function on a day-to- day basis from emails, online research, electronic…
Fraud Alert – Seller Carry Back Loan Scams
Fraud Alert #1: Full Price Offer, Minimal Deposit, Large Carryback Be aware of this pattern, typically with residential homes priced from $2 million to $3 million. Here’s how…
The Latest in Real Estate Phishing Scams and How to Avoid Them
Phishing is growing in popularity among scammers wanting to earn a quick buck at the expense of unsuspecting real estate brokers and agents. Some schemes are so sophisticated…
“Business Email Compromise” Attacks – What they are and how you can avoid them
Business Email Compromise (BEC) attacks are on the rise around the world, and every industry is affected. The FBI’s Internet Crime Complaint Centre (IC3) estimates that more than…
What to Do if You Suspect Money Laundering Through a Real Estate Sale
Money laundering is a growing concern in America. Criminals are getting smarter at finding ways to launder their proceeds of crime, and the real estate industry has become…
Remote Access for Your Real Estate Team — Security Issues and Tips
Your team members need to be mobile, so they can do their jobs effectively. This means remote access to your company’s server, client files and emails. But what…
Electronic Document Signing — Managing the Risk
Every good real estate agent wants to expedite the sales process and make it easier for buyers and sellers. Electronic document signing technology can help, especially when dealing…
Data Security in Real Estate: How to Minimize the Risk of Losing Important Data
Data security is increasingly important in your role as a real estate agent, because you collect data from your clients every day Further, it’s important data, which in…
Roofing Scam Alert
Real estate brokers, beware of a fraudulent scheme involving listed vacant properties. Here is the scenario. Acting as the property owner or an agent of the listing office,…
Real Estate Agents and Identity Fraud – When Someone Impersonates You or Your Business
When you’re a real estate agent, it’s natural to have your name, face and contact details widely publicized to attract business. However, having your details available in the…
Real Estate Cybersecurity Risks and How to Recover
Cyber and wire transfer fraud are not normally covered on an E&O policy. But we can get you covered! Click here for an application. From a presentation by…
Be Alert and Prepared for Real Estate Broker Identity Theft
Our E&O client recently contacted CRES Risk Management to report that somebody was using her name, license number and professional background on a fake website. The website was…
Scam Alert: The Latest Schemes Agents May Not Know About
In real estate, we’re still seeing numerous cases of wire fraud – and now we’re seeing some new types of fraud. In the past six months, we’ve seen…
Document Management Tips to Avoid Costly Real Estate Lawsuits
Failure to keep a client’s information secure is one of the top claims made against real estate agents today. The average direct cost for a data breach is…
How to Avoid Real Estate Phishing Scam Cyber Attacks
What would you do if you got an email message like this: Subject: Re: Offer Attached is the copy of my clients offer, I wait to hear…
Why Every Real Estate Business Needs a Cyber Security Plan to Combat Fraud
Cyber security is a real and increasing issue for the real estate industry. Because you manage transactions that typically involve hundreds of thousands to millions of dollars, you…
CAR New Wire Fraud Advisory
Cyber crime targeting wire transfers is on the rise. Criminals have developed viruses that hack into email accounts of buyers, sellers, real estate agents and escrow companies. The…
Cyberattacks on Real Estate Professionals, What’s Next?
Brokers and escrow officers, like other professionals, use phones and e mail as their main mode of communication and by doing so they are exposed to data breaches.…
Wire Transfer Fraud
Over the last six months, the lawyers here at Carlson Law Group, Inc. have seen an email scam perpetrated with a frightening regularity. Approximately a dozen clients, insurance…
