Cautionary Reminders of Dangers of Scammers

October is National Cybersecurity Awareness Month—a time for cautionary reminders of the digital dangers to your business. Take these steps to keep you and your clients safe from scammers.
 

Are you doing enough to keep your personal data and that of your clients secure? Recent cyberattacks, including the hacking of the Corcoran Group’s computer systems—which exposed agent commissions to company employees—should serve as a wake-up call to the industry. Wire fraud, another prominent problem in the real estate industry, also can cost your clients their entire down payment and unravel transactions in the final minutes.

Real estate was the second-most targeted industry for malware in the second quarter of 2018, according to a report from cybersecurity firm eSentire. October is National Cybersecurity Awareness Month, and security organizations are using this time to raise consciousness about making cybersecurity a priority in business. REALTOR® Magazine uncovers a few of the vulnerabilities that real estate pros are facing.

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