Scammers are always seeking new ways to target victims for Business Email Compromise (BEC) scams, where they leverage email to try to convince you to give them credentials, send them confidential information like W2s, send them money by changing things like direct deposit instructions, or give any other data that can help them profit from
Funds transfer fraud in real estate transactions has seen an explosive increase this year
By Jon Washburn & Tamara Boeck on
Posted in Cyber Crime, Fraud, Phishing, Security
As a firm with a large real estate practice, we are keenly aware of the risks of wire transfer fraud in real estate transactions – which has exploded from a reported $19 Million in 2016 to almost $1 Billion in 2017.
Often this fraud is the result of the hacker compromising a legitimate email…