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CLAIMPREVENT® BLOG

Cybersecurity, Wire Fraud, & Scams

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…

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Fraud Alert – Seller Carry Back Loans

Be aware of this pattern, typically with residential homes priced from $2 million to $3 million. Here’s how the scam works . . . There’s a request from…

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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…

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“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…

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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…

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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…

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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…

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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,…

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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…

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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…

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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…

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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…

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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…

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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…

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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.…

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