Information Security and Wire Transfer Fraud are critical topics for the land title insurance and settlement industry. Wire Transfer Fraud is a threat to every title operation regardless of size, location or years in business. ALTA’s priority is helping you protect your systems, plan for a rapid response in case of an incident, and prepare your employees, clients and customers to be aware and vigilant.

Industry Standard Policies and Tools

Employee Training and Awareness

Resources for Your Clients and Consumers

    • Wire Fraud Tips Video: Share this 1-minute video with homebuyers so they know how to protect their money.
    • ALTA Wire Fraud Video: This 2-minute video provides four tips on how consumers can protect their money and offers advice on what to do if they have been targeted by a scam. Link to this video from your website, include in your email or share on social media.
    • ALTA Wire Fraud Rack Card: ALTA has produced this Rack Card explaining Wire Fraud. ALTA Members can brand the infographic with their own information at the ALTAprints website. This rack card can also be branded in 14 different languages.
    • ALTA Wire Fraud PowerPoint for Consumer Education: (Member-only content) Use this presentation to educate consumers about the dangers of phishing emails and wire transfer fraud. The presentation provides information on what to do if you’ve fallen victim to a scam and also highlights 10 tips to prevent wire fraud.

Get Information to Help Your Business and Your Customer Protect Closing Funds


Information Security Articles

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‘It Shocked Me’: Scammers Now Using AI Deepfakes to Fraudulently Sell Real Estate
WPLG TV 10  |  October 9, 2024

It’s a sophisticated scam you may have never heard of—using AI technology to try and fraudulently sell property -- but it almost happened recently in Hallandale Beach. A would-be scammer used a missing woman’s photo to create an AI video image and used it to appear on a Zoom call with a title company.

Alert: Phishing Email Appears to Come From Ellie Mae Targets Title Industry
October 3, 2024

The fraudulent email has the subject line "You have a new Title & Closing request from the Encompass Title Center."

Revision to ALTA Best Practices Published as Final
September 17, 2024

The revisions have been made with the objective of allowing agents and direct operations to continue to optimize their practices and procedures to ensure financial safety, data security and operational stability, and to provide lenders with the assurances that their needs are being fulfilled by improved operations. Revisions address password management and closing transactions not involving state regulated title insurance policies.

 Mapping out Elements of a Robust Cybersecurity Implementation Program
August 28, 2024

The purpose of a cybersecurity plan is threefold: to ensure the security and privacy of sensitive customer data, to meet the strict regulatory requirements that exist to protect customers from fraud and ensure fair transactions, and to build and maintain client trust through appropriate risk management protocols. Read on as Shawn Fox of Premier One offers four key steps to consider when establishing a strong cybersecurity program.

ALTA Member Company Knight Barry Title Warns Fake Sellers Spoofing Title Company Websites
August 27, 2024

Knight Barry Title is warning its partners, industry colleagues and consumers about a “new twist” in tactics by cybercriminals engaged in seller impersonation fraud. Over the last month, the Wisconsin-based title company has thwarted multiple attempts by scammers to set up fake webpages to look Knight Barry's website. Read on to learn what the title company is doing to help uncover spoofed sites.