Cybersecurity and Wire Fraud Risks
Here’s how CSS protects Lenders on their refinance transactions
As a mortgage lender, you are constantly exposed to financial and reputational risk from your title and closing vendors. 1 in 3 real estate transactions are targeted for wire fraud (ALTA Wire Fraud 2021 Survey)
CSS’s managed refinance title and closing solution protects our lender customers from cybersecurity risks
Secure Online Customer Portal
Place orders and communicate with CSS without relying on email
High Coverage Cybersecurity Insurance
Several million dollars of cyber insurance, including social engineering coverage
CertifID Wire Fraud Prevention Technology
Verified banking information and wire fraud insurance on every transaction
Monthly Vulnerability Testing and Employee Training
Extensive and ongoing IT testing and employee cybersecurity education
SOC2, Type 2 Audit Certification
Extensive yearly audit of CSS’s IT security, confidentiality and privacy controls
Secure Online Customer Portal
Place orders and communicate with CSS without relying on email
High Coverage Cybersecurity Insurance
Several million dollars of cyber insurance, including social engineering coverage
CertifID Wire Fraud Prevention Technology
Verified banking information and wire fraud insurance on every transaction
Monthly Vulnerability Testing and Employee Training
Extensive and ongoing IT testing and employee cybersecurity education
SOC2, Type 2 Audit Certification
Extensive yearly audit of CSS’s IT security, confidentiality and privacy controls
Secure Online Customer Portal
Place orders and communicate with CSS without relying on email
CertifID Wire Fraud Prevention Technology
Verified banking information and wire fraud insurance on every transaction
High Coverage Cybersecurity Insurance
Several million dollars of cyber insurance, including social engineering coverage
Monthly Vulnerability Testing and Employee Training
Extensive and ongoing IT testing and employee cybersecurity education
SOC2, Type 2 Audit Certification
Extensive yearly audit of CSS’s IT security, confidentiality and privacy controls
Our lenders know their refinance transactions are being closed securely across their entire geographic footprint, whether in person or electronically.
Are your current title and closing vendors taking the same cybersecurity precautions as CSS?
Many smaller, local title agencies are unable to afford these same protections. If you would like to protect your refinance borrowers from wire fraud, CSS is here to help.
Contact us today to learn more about our refinance title and closing process.
