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Why the Real Estate Industry is a Prime Target for Cybercriminals

In 2017, nearly $1 billion was “diverted or attempted to be diverted” from real estate transactions by cybercriminals. Real Estate is one of the top industries targeted by cybercriminals for both phishing attacks and malware attacks, according to the Symantec 2018 Internet Threat Report.

So why is the Real Estate industry such a big target for cybercriminals? Because it’s an easy target with a potentially big payday. So many things that would be a red flag for other industries are day-to-day operations in real estate.

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Watch Out for These W2 Phishing Emails

Tax season is starting, and along with it come the tax-related phishing emails. We’ve already started seeing emails this year that look like W2 notifications. Be on the lookout for these, and other tax-related scams.

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Watch Out for These "Secure Email" Phishing Emails

We typically stick to writing about phishing emails and attacks aimed at businesses, but a recent trend has us making an exception. We’ve seen a HUGE uptick recently in a type of phishing emails targeted at individuals: emails posing as an encrypted email notification. Sometimes, these are pretty generic. Sometimes, they’re much more detailed and look like emails about mortgages or title loans.

The scariest part of this trend? These are convincing – some of the most convincing we’ve ever seen. Most have had very few warning signs that they’re a phishing email.

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