Cyber Threats Growing in Frequency, OCC Reports

January 9, 2014

Cyber threats are growing in sophistication and frequency, and require heightened awareness and appropriate resources to identify and mitigate the associated risks, the Office of Comptroller of the Currency reported in its Semiannual Risk Perspective for Fall 2013. ALTA created its "Title Insurance and Settlement Company Best Practices" to help lending institutions supplement their risk-management programs. Read on for information on how the Best Practices can help companies protect escrow/trust accounts from fraud, procedures to safeguard non-public personal information and actions to follow in case of a security breach.

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SoftPro is the nation's leading provider of closing and title software, consistently pushing the technological envelope to pioneer the most powerful and comprehensive closing and title automation software on the market. SoftPro's Award-Winning Software combines cutting-edge technology with outstanding support to make your business more productive, efficient and boost your revenue. North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents.