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real estate

Real Estate Industry a Prime Target for Cybercrime

For more than a decade, the real estate industry has been a rich target for cybercriminals - and recent research reveals the trend has continued to increase.

Real estate transactions have become a prime target because they are highly lucrative. A down payment on a new home can be thousands, even millions of dollars. That amount of money gets passed from buyer to agent, and agent to seller, leaving many opportunities for fraudsters to intercept that money.