A Silicon Valley executive had $400,000 stolen by cybercriminals while buying a home. Here’s her warning

From CNBC: 2024-07-23 09:42:58

Real estate transactions are increasingly becoming a prime target for cybercriminals due to the large transaction sizes and the use of bank wires. Hackers have been successful in defrauding both buyers and sellers, posing a significant risk to the industry. Stay vigilant and secure your transactions.

Read more: A Silicon Valley executive had $400,000 stolen by cybercriminals while buying a home. Here’s her warning