Case Study

Preventing Wire Fraud with Signal Sciences

Preventing Wire Fraud with Signal Sciences

Pages 2 Pages

CASE STUDY Preventing Wire Fraud with Signal Sciences CHALLENGE Snapdocs offers a loan closing automation application for the mortgage industry that provides a workflow for buyers, lenders, title and escrow representatives, and notaries. They needed technology that could provide the real-time visibility necessary to prevent account takeovers and upgrade their overall security posture. Given the number of parties involved in a real estate transaction, there are numerous threat vectors: notaries, for example, do not always use strong passwords on their email accounts and sometimes share the same login credentials across websites. The net result: the mortgage industry is a major target of wire transfer fraud as attackers execute phishing campaigns against actors within the tran

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