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Showing posts with the label Cyber Security

Real Estate and Cyber Security - 3 Things YOU Can Do to Stay Safe

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Arrowhead Title has been handling real estate closings at Lake of the Ozarks since 1984.  We have seen huge advances in technology in that time, which have in turn, created greater expectations from our clients. One example is the higher demand in today’s market for things like e-closings, online notarizations, and paperless closings. These virtual tools can make it so much easier and quicker to get everyone involved to the closing table. We appreciate the convenience this offers our clients, and they appreciate having a better closing experience. But while the real estate industry is embracing more technology, cybercriminals are ramping up their game as well. Because of the large amount of money involved in a real estate transaction, real estate closings are a popular target for cybercriminals. If you are interested in learning how to protect your identity and your money while closing on a house at Lake of the Ozarks , please continue reading this blog! Know Your Vulnerabilities...

Cyber Security and Real Estate Closings - 3 Ways to Protect Yourself

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When it comes time to close on the purchase of your dream home, it is easy to be more distracted than usual as everyone is excited about and emotionally invested in the transaction. Furthermore, when you work with a trusted real estate professional at the Lake of the Ozarks you rely on their expertise and tend to trust any communication that comes from them. In fact, you look forward to communications from them because it usually means things are moving forward. But what if the communication you think is coming from your realtor or title company at the Lake of the Ozarks is actually coming from a cyber-criminal?   Unfortunately, it is happening more often as demand increases for digital and paperless real estate closings. At Arrowhead Title, we consider the expense of cyber-security IT a cost of doing business, and we take it very seriously. We also believe in educating our clients so they know what to look for and what to do (or sometimes more importantly what NOT to do) to...

Title Fraud and Cyber Security

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Buying a new home is one of the most exciting experiences in most homeowners’ lives, and the last thing you want to think about is cyber security.  But when you consider how much personal and financial information you share in the process of the transaction, and the amount of money being transferred, cyber security needs to be top of mind … especially when choosing a title company at the Lake of the Ozarks . For years, title companies have been responding to consumer demands for easier, faster, less cumbersome transactions.   With technology, we can communicate faster, have fewer human errors and move towards paperless closings including the use of E-closings and online notarization. But these conveniences come with certain risks due to the sensitive information that is shared digitally.   In fact, wire fraud and other email hacking schemes seem to be the biggest threats in real estate transactions today. Identity theft. How does home title fraud work?   One wa...