Posted To: Pipeline Press
I bet for every person a company has dedicated to stopping cybercrime there are 10 somewhere else trying to perpetrate it. Just yesterday I received an e-mail from a CEO of a mid-size lender to the staff saying, "Today we've learned of a new sophisticated email attack that attempts to impersonate our employees that instructs borrowers to wire down payment funds to an account illicitly set up under our name by providing fake account information. The email appears to come from the LO or processor and the wire transfer requests are well-worded, and they closely copy our employees' signature lines and other information specific to our company. The borrower is being victimized and may not be suspicious because it looks like the e-mail is coming from our employee which adds legitimacy of the request...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
from Mortgage News Daily http://ift.tt/1F4t41p
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