Are you worried about cyber attacks on your business, and the possible effects of being breached? Let us provide you a professional assessment, and make sure you're secure as possible.
1. SECURITY THREATS IN
REALESTATE
The FBI periodically provides reports on cyberattacks in the U.S., to bring awareness to this threat. In 2017, they warned of a large
spike in cyberattacks specifically targeting real estate companies. Without a federal law requiring real estate businesses to implement
information security programs to protect information and systems, each business becomes responsible for setting policy and finding their
own cyber security solution. Left to their own actions, many businesses are not aware of the critical need to protect against cyber threats
and are open to breaches. For real estate businesses, this has led to a focus for hackers for potential attacks on the vulnerable systems.
Here are some of the more common threats in the real estate industry:
Banking Trojans: Malware that gets in between the user and an online banking session. Once they have the user's credentials
they can potentially steal the total amount of the transaction.
Spyware: Hackers will send an email with an attachment or link and as soon as the user clicks on it the criminal gains access
to the user’s machine. They can:
• spy on their victims and get their banking information
• wipe out victims’ accounts
• steal personal information (credit card numbers , driver license number, W2’s)
• steal employee information (client data, and employee Social Security numbers)
• infect the computer with additional malware or ransomware
Ransomware: This malware makes data on your device or network unavailable until you pay a ransom. Concerned victims
often pay making the ploy very profitable for hackers. One breach on your team can jeopardize all of your data not just for computers,
but also any device that is connected to the internet including smart locks, smart thermostats and even smart lights.
53% 720M 69%
of companies with less
than 500 employees
have experienced a
breach in the last year.
Global digital hack
attempts every
24 hours
of respondents are concerned about
a cyberattack hitting their business in
2019, a significant increase compared
to 46% last year.
– Source: Seyfarth Shaw 2019 Real
Estate Market Sentiment Survey
50%
of Real Estate businesses
in 2017 are not prepared
to handle a cyberattack.
– Source: KPMG, Real Estate
Industry Outlook Survey