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North American Title Insurance Company is a seasoned title insurance underwriter that has been helping customers achieve the American dream of homeownership for more than 50 years. In the past several years, we have become known as the “underwriter next door,� because our associates are always easy to reach and our processes are, at all times, quick and straightforward. Our agency application process is fast and transparent for qualified agents. NATIC offers a one-hour underwriting response guarantee that is unparallelled in our industry. In addition, we value our agents based on their title industry knowledge and experience, not just on profits alone.


Best Practices

OCC Says Cybersecurity Among Fastest-Growing Risk to Banks

June 20, 2013

The Office of the Comptroller of Currency’s Semiannual Risk Perspective cited put cybersecurity as the second biggest worry for bankers, right after struggles to maintain revenue.

The report said the increasingly sophisticated cyber threats, expanding reliance on technology and changing regulatory requirements are heightening lenders’ operational risk. Because of this, lenders must spend more resources to identify and mitigate the associated risks.

The effects of cyber attacks include reduced availability or diminished response times of online banking services, identity theft, fraud and theft of proprietary information, according to the OCC. The costs and resources needed to manage the risks continue to increase as the attacks broaden and intensify. Over time, the effects could expand as the capabilities and tactics of cyber criminals evolve.

ALTA’s Title Insurance and Settlement Company Best Practices provides guidance to title professionals on how to protect against cybercrime and safeguard non-public personal information.

Additional resources:

Federal Trade Commission (FTC) Data Security Best Practices FTC Guidance on Privacy and Security FTC: Avoid ID Theft



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American Land Title Association
1800 M Street, NW, Suite 300S
Washington, D.C. 20036-5828
P. 202.296.3671 F. 202.223.5843
www.alta.org
service@alta.org
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