Cyber Crimes Continue to Experience a Surge, Particularly in Business Email Fraud
Title Industry professionals have been battling the increase of cyber crimes via email and/or wire fraud. The FBI has released a congressional report detailing their efforts to not only spread awareness of business email fraud schemes but increase the probability of retrieving stolen funds due to wire fraud and reduce the billions of damages these criminals cause annually.
The multifaceted approach includes not only financial and public institutions in the United States but abroad. Review this report and other helpful links on the IC3 website to help prevent this type of loss for your title agency.
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