Small to mid-size companies can be devastated by damage to their business from wire fraud, data breaches, ransomware and other cyber crime, and that’s why National Association of REALTORS® is providing members with a recorded version of the Facebook Live presentation, “Cyber crime, cybersecurity and the real estate professional.”
For example, National Association of REALTORS® Associate Counsel Jessica Edgerton cites the Ponemon Institute when she says, “Sixty percent of small businesses that are victimized by a successful cybersecurity breach go out of business within six months.”
Edgerton reviews some of the ways hackers operate and offers best practices for your business. She offers several key takeaways and says education is the best defense REALTORS® have for their businesses. The video offers links to several important cyber security resources for REALTORS®.