As criminals get more creative when it comes to wire fraud, especially through cybersecurity hacks, title agents need to be alert and remember “an ounce of prevention is worth a pound of cure.” This course instructs on common wire fraud scenarios, reviews preventative measures and discusses what to do in the event of wire fraud. We also discuss what happens when a title claim arises from wire fraud and how to select appropriate insurance coverage.

This course covers:

• Types of wire fraud
• Prevention and training of staff
• Educating your clients
• A rapid response plan to a wire fraud attack
• What happens in a title claim involving wire fraud
• A closer look at errors and omissions insurance