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Identity and Wire Fraud Are a Problem The Industry Cannot Ignore

Identity and Wire Fraud Are a Problem The Industry Cannot Ignore

Let’s start with a few numbers: $5.3 billion: the amount targeted by perpetrators via business email compromise in 2016 (source: FBI) . 480 percent: the year-over-year increase in wire fraud scams reported by title companies to the Internet Crime Complaint Center (IC3) in 2016

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