The title and real estate industry has aggressively educated professionals about the threat of wire fraud, but cybercriminals continue to target real estate transactions. While the success rate of fraud attempts is shrinking on the title side, stories of homebuyers losing huge down payments to wire fraud continue to make headlines. Amanda Farrell talks with Tom Cronkright of Sun Title and CertifID about cybersecurity, wire fraud, and the role of the title agent in protecting the real estate transaction. Listen to the interview to learn more about educating consumers, technology and training to enable your team, and why title companies should consider adding cyber liability to their E&O policies.
