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Cyber attacks now at title companies
Manage episode 392110883 series 2979320
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I have had several closings where the title company has been cyberattacked and shut down for days. I had a closing last week and still shut down and another title company the month before shut down.
These are national companies and that means this affects us all in every state.
If you read housingwire.com you can see the fines they are paying. I have loans to close this last week of the month and are they going to be up and running to make it happen? Crazy times we are living in. Nothing you can do to choose the title co that will not get affected, several years ago a small local title co got hit as well and they lost their data.
So I see more of this happening in 2024
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