Mortgage Industry Losses Due to Phishing Scams/Other Cyberattacks: Who’s Left Holding the Bag? Will Your Insurance Coverage Bail You Out?

Cybercriminals have ramped up their attacks on the mortgage and real estate industries, taking advantage of the multiple entry points available in every transaction, the lack of coordinated security efforts among the parties, and the abundance of personal and financial information that awaits them after a successful breach.

Mortgage Industry Losses Due to Phishing Scams/Other Cyberattacks: Who’s Left Holding the Bag? Will Your Insurance Coverage Bail You Out?

Cybercriminals have ramped up their attacks on the mortgage and real estate industries, taking advantage of the multiple entry points available in every transaction, the lack of coordinated security efforts among the parties, and the abundance of personal and financial information that awaits them after a successful breach.

Mortgage Industry Losses Due to Phishing Scams/Other Cyberattacks: Who’s Left Holding the Bag? Will Your Insurance Coverage Bail You Out?

Cybercriminals have ramped up their attacks on the mortgage and real estate industries, taking advantage of the multiple entry points available in every transaction, the lack of coordinated security efforts among the parties, and the abundance of personal and financial information that awaits them after a successful breach.

#MBASpring21: Tracking Cybersecurity Threats

Last year was a challenging one for many reasons. Beyond the global pandemic, there was record growth in cyber threats that affect mortgage companies, analysts said during MBA’s Spring Conference & Expo 21.

Regina M. Lowrie, CMB, of Dytrix on How Lenders Can Protect Against Cyberfraud

Regina M. Lowrie, CMB, is President and CEO of Dytrix, a fintech company that enables secure financial transactions for institutions through the Dytrix Platform, which includes wire/ACH transfer validation and closing agent management. In 2005, she became the first woman Chair of the Mortgage Bankers Association and continues to serve on many MBA committees.

Regina M. Lowrie, CMB, of Dytrix on How Lenders Can Protect Against Cyberfraud

Regina M. Lowrie, CMB, is President and CEO of Dytrix, a fintech company that enables secure financial transactions for institutions through the Dytrix Platform. She has more than 30 years of experience in the financial services industry and has established and managed multiple successful banking/lending organizations. In 2005, she became the first woman Chair of the Mortgage Bankers Association and continues to serve on many MBA committees.

Regina M. Lowrie, CMB, of Dytrix on How Lenders Can Protect Against Cyberfraud

Regina M. Lowrie, CMB, is President and CEO of Dytrix, a fintech company that enables secure financial transactions for institutions through the Dytrix Platform. In 2005, she became the first woman Chair of the Mortgage Bankers Association and continues to serve on many MBA committees.