CRE Insider Blog
Welcome to the CRE Insider Blog, a source of info and insights from First American’s leading real estate experts.

Current Wire Fraud Schemes and Ways to Protect Your Business

By Steve Rogers on November 15, 2023
Real estate wire fraud is on the rise. According to CertifID, reports of wire fraud increased by 145% in 2022. While consumer real estate payments the most frequent target, commercial transactions pose a greater monetary risk due to the traditional size ...
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Topics: Commercial Real Estate Commercial Title Insurance Cybersecurity wire fraud BEC fraud protection

When There's Millions At Stake, It's All Down To The Wire

By First American NCS on November 2, 2021
We don’t just streamline your transaction. We protect it. Each year, we see more attempts to divert transactional funds directly into fraudsters bank accounts – and every year, these fraudsters get sneakier. In fact, scammers target a third of all title ...
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Topics: Cybersecurity wire fraud clarityfirst

Cybersecurity for Financial Service Companies in New York

By Mike Berey on April 11, 2017
New York State’s Department of Financial Services has issued 23 NYCRR 500, “Cybersecurity Requirements for Financial Services Companies”, requiring that “[e]ach Covered Entity shall maintain a cybersecurity program designed to protect the ...
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Topics: Cybersecurity

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