hacker-1944688_1280 - CopyThe news these days is rife with stories about hacking, leaks, and stolen confidential information, and no one seems to be immune to the threat, as demonstrated by the recent reports of hackings perpetrated on Donald Trump and Hillary Clinton.

While those examples may seem far from home for most of us, there are stories throughout the country of hackers stealing the money people are intending to use to purchase their homes.

The ploy hackers often use is to hack someone’s email, which allows them to intercept wire instructions. They then modify the wire instructions in transit so that the money is eventually wired to the hacker’s account.

So how do you minimize the chance of losing the money you saved to buy your dream house?

Continue Reading 4 Steps to Minimize Your Susceptibility to Wire Fraud

iStock_000016386965XSmall.jpgSecurity must keep pace with technology. We experience it first-hand. Remove your shoes, jacket, liquids and electronics. Place them on the conveyor belt, and proceed to the body scanner. But wait, this seems odd – I’m heading into my real estate closing, not the airport, right? 

Fortunately, real estate transactions do not command the physically invasive security measures that accompany aviation, but the gap may be narrowing slightly based upon recent alerts. National and local title insurance underwriters and The Florida Bar have recently published alerts in reaction to the latest fraud scam affecting real estate transactions – the weapon of choice is the Smartphone.

How It WorksContinue Reading Fraud Scam with Smartphone Endangers Real Estate Transactions