Premier Member White Paper: How to Avoid Becoming a Victim of Cyber, Wire Fraud

MBA Premier Member Secure Insight, Hamilton, N.J., released a white paper, How to Avoid Becoming a Victim of Cyber Fraud and Wire Fraud. MBA NewsLink spoke to Secure Insight President and CEO Andrew Liput about it.

MBA NewsLink: Can you briefly describe the key insights or findings presented in your white paper?

Andrew Liput: We address the risks of wire fraud, how to spot phishing and other email spoofing attempts, and what steps to take to educate employees and employ tools to avoid losses.

MBA NewsLink: What industry challenges or opportunities does your white paper address?

Andrew Liput: How to Avoid Becoming a Victim of Cyber Fraud and Wire Fraud addresses preventing wire fraud from victimizing lender mortgage proceeds and consumer funds.

MBA NewsLink: Who is the primary audience for your new white paper?

Andrew Liput: Mainly mortgage lenders, mortgage compliance professionals, attorneys, title agents, escrow officers, banks and credit unions.

MBA NewsLink: What actions would you like readers to take after engaging with your white paper?

Andrew Liput: We urge them to strengthen their internal controls and adopt proper education programs and outsourced tools to avoid being a victim of wire fraud.

(MBA Premier Member White Paper Spotlights are provided by the Mortgage Bankers Association as a service to MBA Premier Members. Publication does not constitute an endorsement of a particular company, product or service. For more information about the MBA Premier Member program, contact MBA Director of Associate Membership Alicia Goncalves, CMB, at agoncalves@mba.org or call 202/557-2920.)