cyber riska

Cyber Risks

Real estate wire transfer fraud is just one example of the many common and devastating cyber risks we face. Cyberattacks are growing and evolving at a staggering rate.

William and Nancy Skog had cherry-picked an impeccable, perfect, river-front residence in Wilmington, Illinois. Exhilarated by the thought of moving into their dream home, the Skogs could practically see their new lives—watching the tranquil riverboats cruise by and listening to the water birds sing. There was one final step needed to finalize their purchase—wire $307,000 in closing costs to their real estate attorneys. Having received an email with payment instructions sent from …

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