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Security and Fraud Awareness Best Practices
Below are recommended resources and tools to help keep you informed and educated about the latest in cyber safety.
Education is a best line of defense against bad actors.
In an effort to empower everyone involved in a transaction, below are resources and articles with tips on how to stay safe online. We encourage real estate professionals to share these with buyers and sellers to help protect all parties from bad actors and fraudulent activities.
Land Title regularly takes proactive actions to help safeguard against fraudsters.
- Our secure portal provides a single, secure place to view our wire instructions, access transaction details and documents, and create rate quotes and net sheets.
- We employ state-of-the-art email encryption services, working to ensure the protection of sensitive data.
- At the onset of the transaction, our closing teams will proactively provide wire fraud education to both buyers and sellers.
- We invest in security awareness testing and training for our employees, empowering our team to recognize potential threats.
Educate buyers and sellers with the below security best practices to help safeguard their funds and personal information during every transaction.
- Pick up the phone when sharing confidential information.
- Use strong, unique passwords and change them often.
- Enable Two-Factor Authentication (2FA).
- Use a secure transaction portal.
- Keep your devices and software updated.
Resources
Be Alert About Wire Fraud – The Basics
How the scam works and tips to stay safe from the Division of Real Estate
Fighting Wire Fraud and Improving IT
Learn how one of Boston’s top luxury real estate firms took steps to protect its business.
Wire Fraud Scams Overview from NAR
General overview of how wire fraud works and what bad actors are trying to do with your funds.
How Title Companies Are Fighting Back
Tips and best practices from the American Land Title Association