Wire fraud is becoming an increasing problem for buyers and real estate professionals. Here are one shocking statistic and three things you should be doing to protect yourself and your clients.
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Shocking statistic on wire fraud and how to protect yourself
1. AshockingStatisticonWireFraud
is the average
payday for a
bank robbery.
$7,000 $137,000
is the average
amount lost in a
wire fraud scam.
3StepstoProtectyourself
1.
2.
3.
EDUCATION and email.
Teach buyers and employees how to spot phishing
attempts and best practices like always calling to
confirm before making a transfer.
Roadmap for Recovery.
Know what to do if you or your client becomes a victim.
Test Your vulnerabilities.
Hire a third party to test your cybersecurity and your
employees.
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$137,000$7,000