Can Insurance Protect You from Wire Fraud?

Real estate continues to be a top target for cybercrime. Over the past five years, business email compromise (BEC) has impacted real estate transactions to the tune of $1.6B in wire fraud losses, according to the recent FBI IC3 I-060923-PSA.
Credits: 0 General, 0 Diversity/Inclusion PR, 0 MH/SA PR, 1 Other PR
SKU: IRELA2311-R
$50.00 or 1.00 credits
decrease increase

Real estate continues to be a top target for cybercrime. Over the past five years, business email compromise (BEC) has impacted real estate transactions to the tune of $1.6B in wire fraud losses, according to the recent FBI IC3 I-060923-PSA.

Insurance can be an important way to minimize your risks, but it's important to know whether your current policy covers cyber crimes such as wire fraud.

Tom Cronkright from CertifID will walk through the evolution of cyber insurance, and the options for real estate firms today to protect against financial and reputational damage due to wire fraud. He'll compare traditional professional liability policies with emerging cyber and crime policies - to help you decide what path might be best for your practice.

Thomas W. Cronkright II, Executive Chairman, CertifID CEO, Sun Title, Grand Rapids, Michigan



Program date: August 10, 2023

Program Expires: December 31, 2025

Real estate continues to be a top target for cybercrime. Over the past five years, business email compromise (BEC) has impacted real estate transactions to the tune of $1.6B in wire fraud losses, according to the recent FBI IC3 I-060923-PSA.

Insurance can be an important way to minimize your risks, but it's important to know whether your current policy covers cyber crimes such as wire fraud.

Tom Cronkright from CertifID will walk through the evolution of cyber insurance, and the options for real estate firms today to protect against financial and reputational damage due to wire fraud. He'll compare traditional professional liability policies with emerging cyber and crime policies - to help you decide what path might be best for your practice.

Thomas W. Cronkright II, Executive Chairman, CertifID CEO, Sun Title, Grand Rapids, Michigan



Program date: August 10, 2023

Program Expires: December 31, 2025

Customers who bought this item also bought

Home Title Lock

IRELA2310-R
This course examines Home Title Lock, a stand-alone digital security product purporting to protect a consumer’s home title (status or document changes) against bad actors and other criminal activity.
$60.00

Unusual and Timely Real Estate Tax Issues for the Real Estate Attorney

IRELA2400-R
This presentation covers four areas related to real estate taxes that, while not familiar to many attorneys, may be encountered during transactions.
$60.00

New Notary Journal Requirements

IRELA2401-R
This course covers the newest Notary Journal Requirements that came into effect on July 1, 2023.
$60.00
Filters
Sort
display