Stop wire fraud before closing day.
- lost to real estate wire fraud annually
- $446M+
- average wire fraud loss per incident
- $150K
- increase in real estate BEC attacks
- 480%
Threats
What attackers go after
Wire Fraud & BEC
Attackers monitor email threads and intercept wire instructions at closing. Homebuyers wire life savings to fraudulent accounts, with funds rarely recovered.
Email Account Compromise
Compromised agent and title company emails provide visibility into transactions. Attackers patiently wait for the right moment to inject fraudulent instructions.
Client Data Exposure
Real estate transactions involve SSNs, financial statements, and sensitive personal information. Data breaches expose clients to identity theft for years.
Business risk
What a breach actually costs
A home purchase is the largest payment most of your clients will ever make. If the funds go to a fraudster, the client takes the loss and your reputation takes the damage.
What to protect first
- 01Secure all wire transfer communications
- 02Protect client financial documents and PII
- 03Safeguard transaction management systems
- 04Verify all payment instruction changes
What a breach does to the business
- wire fraud recovery rate
- Less than 30%
How we help
Where we would start
Security Training
Train agents, transaction coordinators, and closing teams on wire fraud, BEC, and phishing. Build recognition skills that stop fraud before money moves.
Security Assessments
Evaluate email security, transaction processes, and client data protection. Identify vulnerabilities in the workflows attackers target.
Penetration Testing
Test email systems, client portals, and transaction platforms. Verify that wire fraud prevention controls actually work.
Incident Response
Rapid response when wire fraud is suspected or detected. Coordinate with banks to freeze funds and maximize recovery chances.
Case study
In a client's words
“We almost lost $280K when a scammer impersonated a title company. Virtus helped us implement verification procedures and email security that protects every closing now.”
- wire verification process
- Implemented
- wire fraud incidents
- Zero
- agents completed training
- All
Make wire instructions harder to fake.
Training, email security reviews, and verification procedures for brokerages and title companies.