11 steps to guard against cyber fraud

In January, Entrust Solutions sent out an agent alert regarding a phishing scheme whereby crooks were impersonating title insurance underwriters to get a hold of banking account information. The company sent out another update this month, complete with some fraud security advice.

In the scheme in question, Entrust says the perpetrators sent out massive amounts of emails targeting agents and attorneys, telling them to “Confirm Your Wiring Instructions” with them. The emails looked to be as if they were genuine from a trusted source, which is the main weapon of such a scam.