Cybercrime and Wire Fraud

Cybercrime—particularly wire fraud—continues to be a top concern in the real estate industry. The U.S. Secret Service has warned NAR about a new cryptocurrency scam targeting real estate professionals, some of whom have lost a significant amount of money. Real estate professionals should be aware of the risks facing not only their businesses, but also consumers, and educate staff and clients about preventative steps they can take to prevent falling victim to cybercrime.

Click here to learn more about wire fraud and how to better protect your business.