Hackers prey on home buyers

Source: Kenneth Harney, Washington Post (Paid Registration)

In this year of horrendous cyberheists — Equifax the most prominent — you’ve probably taken at least a few precautions: changed passwords, stopped opening files and links from unknown senders, upgraded your computer security measures, maybe put a freeze on your credit reports.

But if you’re buying a house and heading to settlement, you still may be far more vulnerable than you think to the fastest-growing form of real estate cybercrime in the United States: thefts of home-purchase money wired to complete closing transactions.

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