{"id":1549,"date":"2023-05-22T16:47:33","date_gmt":"2023-05-22T20:47:33","guid":{"rendered":"http:\/\/timothydimoff.com\/?p=1549"},"modified":"2023-05-22T17:02:14","modified_gmt":"2023-05-22T21:02:14","slug":"rising-threat-real-estate-cybercrime","status":"publish","type":"post","link":"https:\/\/timothydimoff.com\/2023\/05\/22\/rising-threat-real-estate-cybercrime\/","title":{"rendered":"The Rising Threat of Real Estate Cybercrime"},"content":{"rendered":"
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.<\/p>\n
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% rise in cases and a staggering 32% increase in financial losses compared to the previous year.<\/p>\n
In addition, a survey by the National Association of Realtors (NAR) found that almost 50% of real estate businesses have experienced some form of cyber-attack in the last two years.<\/p>\n
Listen to Tim’s talk on WAKR about cybersecurity.<\/p>\n\n