How Fraudsters Target Mortgage Lending

National Mortgage News, Apr. 25, 2022–Spencer Lee (subscription)
Mortgage lenders can be an attractive target to cybercriminals due to the value of transactions taking place and their long lists of clients — any of whom could be compromised. While larger companies have gone to great efforts to protect their corporate security infrastructure, cyber safety on the consumer level is still “woefully inept,” according to Chase Cunningham, chief strategy officer at cybersecurity firm Ericom Software.