Insight
The smallest amounts of money lost to fraud are often the most painful because they are less likely to be recovered.
CertifID’s Tyler Adams on deepfakes, fraud and protecting homebuyers
Summary
Cybercriminals are using AI to create deepfakes and target real estate transactions, including wire fraud. Hosts should be aware of this evolving threat, particularly concerning payment instructions, and implement consistent verification procedures to protect themselves.
Key takeaway