As a real estate professional, you know the dangers of fraud—but do your clients? We partnered with the National Cybersecurity Alliance to create a go-to guide detailing the five most common real estate scams. Equip your clients with the information they need to stay safe. Read more: https://lnkd.in/ev9vcJEM
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Protecting your hard-earned money is our priority. 🛡️ Don't fall victim to email scams! Hackers often impersonate real estate agents or title companies to steal your funds. We're proactive with our security protocols to prevent such scams. Learn more about how to safeguard your finances by reading the article below. 💻🔒 #SecurityFirst #ScamPrevention #StaySafe #CyberSecurity
Protect Your Money from Mortgage Closing Scams When Buying a Home
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This is very sad for all parties involved ☹. This is unfortunately just the latest reminder of the risk of cyber fraud specifically when you are transacting with large assets like property. MAP LAWYERS’ TOP TIPS TO CONSIDER BEFORE DOING A BANK TRANSFER: 1. Ask yourself, were you expecting this email 🤔. 2. Check the sender’s email to ensure the domain name is correct 🕵️. 3. MOST IMPORTANTLY – If the amount is large, call the sender (on an independently verified number) and confirm they sent the email, and confirm the bank details in the email ☎️. These three tips will not 100% protect you from scams, however they will prevent you from falling foul of some of the more common types of fraud. https://lnkd.in/gu5qRyk7
Melbourne family loses more than $500,000 while buying home as scammers hack conveyancer’s email - realestate.com.au
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Mr. Cooper reveals breach exposed 14.6 million clients, read more: - Mr. Cooper has contacted millions of individuals, informing them their data may have been compromised in a recent data breach that prompted the company to temporarily shut down its services. - According to Mr. Cooper’s breach notification letter to exposed individuals, attackers breached the company between October 30th, 2023, and November 1st, 2023. - The exposed data of clients under the Mr. Cooper umbrella includes: Names, Addresses, Phone numbers, Social Security numbers (SSNs), Dates of birth, Bank account numbers. Source: https://lnkd.in/eV229kBa #cybersecurity #cyber #risk #informationsecurity #riskmanagement #digital #business #privacy #cyberdefence
Mr. Cooper reveals breach exposed 14.6 million clients | Cybernews
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Tough lessons to learn. Hope by sharing this it will help other financial to not only be aware of the threat but, what they should learn from and take proactive steps to reduce their chances of cyber attacks.
Mortgage industry attack spree punctuates common errors
cybersecuritydive.com
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https://lnkd.in/eNt6eyJ2 Credit breaches are happening with greater frequency and it is very likely your personal information has already been exposed. Here are some simple ways to safeguard your credit. Don't wait until it's too late. There are also many great free options for a secure password manager to help strengthen your digital security.
The Urgency and Benefits of Securing Your Credit
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𝗟𝗼𝗮𝗻𝗗𝗲𝗽𝗼𝘁 𝗙𝗮𝗰𝗲𝘀 𝗦𝘂𝘀𝗽𝗲𝗰𝘁𝗲𝗱 𝗥𝗮𝗻𝘀𝗼𝗺𝘄𝗮𝗿𝗲 𝗔𝘁𝘁𝗮𝗰𝗸 💻🔒 LoanDepot, a leading US mortgage firm, tackled a suspected ransomware attack, striving to restore normal business operations. 𝗔𝗻𝗻𝗼𝘂𝗻𝗰𝗲𝗺𝗲𝗻𝘁 𝘁𝗼 𝗦𝗘𝗖 📄🚨 The incident, confirmed through a regulatory filing to the U.S. Securities and Exchange Commission, highlights the ongoing #cybersecurity challenges in the finance sector. 𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀 𝗶𝗻 𝗦𝗮𝗳𝗲𝗴𝘂𝗮𝗿𝗱𝗶𝗻𝗴 𝗗𝗮𝘁𝗮 🔐🌐 Daniel Lattimer of Semperis comments on the daily hurdles businesses face in protecting data against sophisticated #cyberthreats. Lattimer also notes the effectiveness of #phishing scams in breaching organisations and the importance of bolstering identity systems #security. For more insights into LoanDepot's response and the broader implications for the industry, read the full story at https://lnkd.in/efecvntt #technews #ransomware #datasecurity #finance
US mortgage firm LoanDepot grapples with suspected ransomware attack - Techerati
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Mortgage giant Mr. Cooper has confirmed that the recent data breach has resulted in the exposure of sensitive financial information, including social security numbers and bank account numbers. The loss of trust resulting from this breach cannot be understated. Knee-jerk PR responses that downplay the severity of the situation only further erode confidence in the security of our personal data. Let's work together to demand better protections for our information. #cybersecurity #datasecurity #privacy #financialsecurity
Mortgage giant Mr. Cooper data breach affects 14.7 million people
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A recent lawsuit against a Brighton-based company over a data breach serves as a reminder of the real consequences of a cyber-attack. Here are some lessons we can all take away from this incident: Cybersecurity is a Must-Have, Not a Nice-to-Have: The notion that being a smaller, local business will keep you under hackers' radar is a dangerous misconception. The reality? Hackers are financially motivated and often target smaller companies precisely because they are less likely to have defenses in place. It's a reminder that no business is too small to be attacked. The Timing and Manner of Customer Notification: In most cases of data breaches, companies aren't immediately aware that their systems have been compromised. By the time they realize and notify their customers, it's often too late for any preventative action. In the incident highlighted, customers were left in the dark for five months. The Ripple Effects of a Data Breach: Beyond the direct impact on a company's integrity and the legal ramifications, the emotional toll on both the business and its customers is profound. The anxiety and distress caused by personal information being stolen and potentially sold on the criminal black market cannot be understated. The High Value of Stolen Personal Information: It's important to realize that personal data is a highly prized asset in the criminal underworld. This makes every piece of customer information you hold a potential target. Rising Threats to Mortgage Companies: A worrying trend has emerged with mortgage companies increasingly finding themselves in the crosshairs of cybercriminals. This serves as a reminder that industries dealing with significant personal and financial data are at a heightened risk. Just Solutions offers network and security assessments to ensure your business is staying up to date. Don't wait for a breach to reveal the cracks in your defenses. Contact us today to safeguard your business, protect your customers, and secure your peace of mind. https://lnkd.in/exNuXcSi #rochester #cybersecurity
Lawsuit blames Brighton-based Premium Mortgage for data breach - Rochester Business Journal
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2 x CCIE #48715 (Security, Data Center) & CISSP Certified with 14 Years of Network and 5 Years of Security experience.
The Ministry of Law (MinLaw) on Thursday (Jul 25) confirmed the data breach involved the borrower data of 12 licensed moneylenders that are using the services of Ezynetic, a third-party IT vendor they engaged. Ezynetic's system is not hosted on or linked to the government's network, said MinLaw, which is the regulator of licensed moneylenders. The ministry added that Ezynetic's system was "accessed by a malicious actor" and data containing "personal identifiable information" was leaked. https://lnkd.in/gwJJzN5f Feel free to comment ,like,forward and subscribe for more cybersecurity info/insight Refer to news URL for more details #CyberSecurity #DataProtection #BusinessContinuity #formintiumit #formintiumtech #QiCyberCyberSecurity #5CyberCyberSecurity
Personal data of 128,000 customers of moneylenders stolen after IT vendor hacked
channelnewsasia.com
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The incident highlights how, for many companies, long-term data retention is both a requirement – and a risk. https://lnkd.in/ed8k8xxe #cybersecurity #ITsecurity #datasecurity #compliance
Mr. Cooper breach affects more than 14.6M – all current, former customers
scmagazine.com
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