In the 21st century, the digital landscape has evolved tremendously, influencing virtually all aspects of our lives, including the real estate sector. While this technology-driven metamorphosis has created enormous opportunities for growth and innovation, it has also exposed the industry to the rising menace of cybercrime. Let’s delve into recent statistics and trends that outline the magnitude and implications of real estate cybercrime. Cybercrime in Real Estate According to the Federal Bureau of Investigation’s 2022 Internet Crime Report, the real estate industry faced 13,638 Internet crime incidents, resulting in more than $213 million in losses. This marked a 17%...
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