Monthly Archives April 2023

FundingShield Q1 2023 Wire & Title Fraud Analytics

    FundingShield Q1 2023 Fraud Analytics Commentary from FundingShield’s CEO Ike Suri: Wire and title fraud risk reached another new record in the first quarter of 2023 at 51.6% of transactions having at least one risk issue. With this all-time high percentage of issues, the impact of a single wire or title fraud event could be catastrophic. Cybersecurity and Cyber Insurance Mid-size businesses (defined as those with 250-2000 employees) are particularly vulnerable to cyber-attacks due to lack of resources relative to the number of systems, endpoints and amount of data they hold. In the mortgage industry these midÔÇösized companies
Read More

Categories: featured and Media.