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08/17/2016

Cyber Fraud from the Front Line

Cyberfraud

 

By Andy Maloney and Matt McBride

Do you think your title company is too small (or too big) to be vulnerable to a cyber attack? Think there is no way your staff would fall for the antics of a fraudster? Are you ALTA Best Practices certified and think your organization is locked up tighter than Fort Knox? Does your title company only do business with customers who have eight levels of email and server security so that no hacker could ever infiltrate them?

Come hear real-life stories of title agents and their customers falling victim to escrow fraud. We will teach you how to detect common schemes and show you helpful practices to ward off hackers trying to steal escrow funds. We also will walk you through common email schemes and air the dirty laundry of successful thefts and how to help avoid becoming a victim. Bring your own stories, questions and concerns. Audience participation is encouraged!

Andy Maloney is president of Nashville Title Insurance Corporation. He can be reached at andy@nashvilletitle.com. Matt McBride is president and chief financial officer of Continental Title Company. He can be reached at mattm@ctitle.com. Maloney and McBride will speak more in depth about this topic during a session titled "Cyber Fraud from the Front Line" during ALTA's Annual 2016 Convention. Click here to register.

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