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
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Monthly Archives April 2023
FundingShield CEO Ike Suri Featured on the Chrisman Commentary Podcast
FundingShield CEO Ike Suri Featured on the Chrisman Commentary Podcast Listen Ike Suri, CEO of FundingShield being interviewed on Rob Chrisman’s Podcast “The Chrisman Commentary”. Ike discusses wire fraud, title fraud and market risk.
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