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Fraudulent Closing Instructions scam quadrupled in 2017

Home » Cyber Liability » Fraudulent Closing Instructions scam quadrupled in 2017
graph fraudulent instruction incidents 2017

Fraudulent Closing Instructions scam quadrupled in 2017

Cyber Liability

At PBI Group we have seen this trend continue over the past 3-years and apparently, it has reached new heights. The average claim of lost client funds is $352,000 according to this recent report.  This is why we recommend that every real estate agency has a cyber liability policy. 

Here is the original post from Beazley Breach Response Services. 

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  • Errors and Omissions

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PBI Group

1405 S Fern St #96426
Arlington, VA 22202

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443-502-5645 (office)
888-600-4130 (fax)

Email

sales@pbigroupsolutions.com

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