July Newsletter | 2025

IT

8:30 AM - 6 PM | support@fisherbrothers.com | 212-940-6888

Reminder of Policy

This is a reminder that all USB drives and other removable media must be encrypted when storing secure Fisher information. This policy is in place to protect sensitive data and ensure compliance with our information security standards.

If you need assistance encrypting your devices or have any questions about what constitutes secure information, please contact IT.

Many real estate companies remain behind the curve when it comes to cybersecurity. With no federal law requiring them to implement information security programs, these businesses are increasingly becoming targets for sophisticated cyberattacks. One of the most alarming threats are BEC scams: Top Five Cybersecurity Threats to Real Estate Businesses

Business Email Comprimise ( BEC )

BEC scams trick real estate professionals into wiring money to fraudulent accounts. Criminals often impersonate trusted contacts like CEOs, escrow agents, or attorneys using spoofed email addresses. The FBI has reported over $3 billion in losses from BEC, and real estate remains a prime target due to frequent high-value wire transfers.

Example: Ubiquiti, a publicly traded company, lost $46.7 million to a Business Email Comprimise scam involving fake wire instructions.

Read more about all five cybersecurity threats in the full article:

Read More

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