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Banking & Real Estate

Banking and Real Estates Agencies are the favorite targets of hackers. Most banking institutions think that a spam filter in their inbox is all they need, but hackers view banks as one of the most desirable targets. Emails are the widely use method of communication in both banking and real estate industry. With the increase of social awareness around the use of paper, financial institutions have been going paperless and looking for other more sustainable ways of communicating with their customers, such as email and mobile apps. The real challenge here is making sure that emails reach the inbox while ensuring the highest standards of data security and privacy. 

According to the study carried out by Capgemini and the EFMA in 2019, 76% of senior executives say that one of the biggest worries for the banking industry in the new digital age is the privacy and protection of their customers’ data.

Cyberattacks don’t just put your data and customers at risk. A major breach that spreads to multiple firms could snowball into a full-on financial crisis. Personally Identifiable Information (PII) has never been more valuable on the dark and deep web. Cybercriminals will stop at nothing to get their hands on it — the IMF says financial services is the most cyberattacked sector.

Real Estates industry are a favorite target among cyber criminals. Real Estate Agencies, Brokers, Title Agencies are facing more threats from frequent email attacks. Transfers of more than a million dollar at a time have been lost by many real estate firms,  because malicious actors have gained access through email, modified wiring instructions. It is important for Real Estates agencies to have email security in place to prevent data breach.

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