Advice from tech experts to save your agency from cyber attacks

Just before the printing of our Feb. 11 print edition, RynohLive President Dick Reass sent us an alert about an attack his software discovered that had a different twist than other cyber attacks his system had previously discovered. The malware, instead of entering directly using the agent’s online banking system to steal funds, found its way through the settlement software, moved funds into fictitious files and issued checks. We followed up with several settlement software providers to pool all of their fraud protection advice in order to help others avoid a similar attack in their own shop and just generally learn more about the cyber fraud threat.