Real estate companies combating cyber attacks

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MONTCO.Today file photo.

You might think banks would be a prime target for the nefarious souls who troll the dark web, but there are a couple of other industries square in their crosshairs.

Real estate companies experienced a significant number of cybersecurity attacks this quarter, specifically email fraud attacks, according to new research by Proofpoint, a California-based cybersecurity specialist. More, in fact, than nearly any other industry, writes Dees Stribling for biznow.com.  

Email fraud attacks are when employees receive messages attempting to steal information or install malware on their computers. Real estate companies averaged 54 attacks per company during Q3 2018, according to the report.

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Drugmakers were the most targeted industry in the quarter at 71 email fraud attacks per company on average. Construction companies were close behind at 61 attacks per company.  “Cybercriminals continue to target the real estate industry because its high-value transactions occur frequently and take place digitally,” Proofpoint Senior Product Marketing Manager Ryan Terry said.

Looking back over cumulative email fraud attacks over the last five quarters, Proofpoint reports companies in the pharma sector encountered nearly 282 email fraud attacks on average, higher than any other industry. Real estate was close behind with 277 attacks per company.

To read the complete story click here. 

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