Cyber Pirates Find Silver in Real Estate and Gold in Tech Invoicing

May 16, 2017 / in Blog, Encryption/Security / by Zafar Khan, RPost CEO

Cyber pirates have found easy prey in real estate brokers, title agents and estate attorneys. Their emails are a treasure trove of information about pending transactions involving large wire transfers. Real estate buyers, eager to close the deal, blindly trust the email they receive and the advisors with whom they correspond. There are countless reports of home buyers who have wired their downpayment funds to cybercriminals posing as settlement agents, only to have the funds lo [...]