Conveyancing fraud – cases are on the rise
With conveyancing fraud on the rise, reports are showing the consequences felt by all parties involved. Whilst the seller is most at risk, estate agents end up putting their reputation on the line just by being involved, which is why we’re taking a more active role in identifying the risks and methods used.
We’ve heard of incidents where the use of sophisticated technology has allowed cyber criminals to obtain access to the bank details of many clients. They’ve been able to intercept transactions and in turn take large sums of money.
It’s because of these kinds of incidents that we need to safe guard ourselves with secure strategies. Whilst the idea of email encryption has been raised as a viable option, Tony Neate of Get Safe Online says that the first line of defence would be to have a strong and secure password.
The Propertydrum looks further into how you can better protect yourself from fraud. Click here to read the details.