ALTA Rapid Response Plan for Wire Fraud Incidents
Information security and wire transfer fraud are critical topics for the land title insurance and settlement industry. Wire transfer fraud is a threat to every title operation regardless of size, location or years in business. ALTA’s priority is helping you protect your systems, plan for a rapid response in case of an incident, and prepare your employees, clients and customers to be aware and vigilant.
This is why ALTA’s Information Security Committee created a Rapid Response Plan. The plan outlines 10 steps that companies should follow if they’ve been hit by wire fraud. In addition, there’s a worksheet to help you develop your own rapid response plan.
Click to Download ALTA’s Rapid Response Plan for Wire Fraud Incidents
Click to Download ALTA’s Rapid Response Plan Worksheet
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This article has been used and reprinted with the permission of The American Land Title Association. The material is for general information purposes only and is not to be relied upon or used for any particular purpose. Title Industry Assurance Company, RRG and The American Land Title Association shall not be held responsible in any way for, and specifically disclaims any liability arising out of or in any way connected to, reliance on or use of any of the information contained or referenced in this article. The information contained or referenced in this article is not intended to constitute and should not be considered legal or professional advice, nor shall it serve as a substitute for the recipient obtaining such advice.
