ALTA is committed to helping its members protect their business and clients from cyber attacks. Use these resources and information to understand what you should be doing to help safeguard your system.

Federal Requirements

Gramm-Leach-Bliley Act (GLB): This regulation requires financial institutions—companies that offer consumers financial products or services like loans, financial or investment advice, or insurance—to explain their information-sharing practices to their customers and to safeguard sensitive data. These companies include title and settlement companies, as well as law firms.

State Requirements

Forty-seven states, the District of Columbia, Guam, Puerto Rico and the Virgin Islands have enacted legislation requiring private, governmental or educational entities to notify individuals of security breaches of information involving personally identifiable information.

ALTA Best Practices

The third pillar of ALTA’s “Title Insurance and Settlement Company Best Practices” provides procedures that should be taken to protect non-public personal information (NPI).

Wire Fraud Awareness

ALTA has developed resources for ALTA members to help educate consumers about the dangers of wire fraud.

  • 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 Infographic: ALTA has produced this Rack Card explaining Wire Fraud. ALTA Members can brand the infographic with their own information at the ALTAprints website.
  • Power Point Presentation: (Member-only content) Use this presentation to educate your customers 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.

ALTA Congressional Testimony

Data Security: Vulnerabilities and Opportunities for Improvement (Subcommittee on Financial Institutions and Consumer Credit)

Daniel D. Mennenoh ITP, NTP – Nov. 1, 2017

Resources

InfoSec Advisory Bulletin Archive
ALTA’s Information Security Committee produces the quarterly InfoSec Advisory Bulletin to inform membership on various cyber-related topics to enhance awareness, prevention, detection and response/recovery methods for the industry.

Information Security News from ALTA

Federal Trade Commission

Federal Financial Institutions Examination Council (FFIEC)

Federal Bureau of Investigation

National Association of Insurance Commissioners (NAIC)

ALTA Advocacy Summit—the event formerly known as ALTA Federal Conference and Lobby Day—is the premier event that unites ALTA members with federal lawmakers to advance policies that affect American property rights. ALTA Advocacy Summit features round-table discussions and intimate forums on public policies regarding important topics such as title insurance, disclosure, mortgages and taxes.