Cybersecurity For Real Estate

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In recent years, the real estate investment trust (REIT) business has experienced an increase in digital risks, which range from phishing to e – mail assaults to data breaches. Such threats have also been directed at housebuilders and others involved in the housing industry.

Real estate, despite the fact that it is not generally linked with high-risk industries such as finance, medical, or industrial, is nonetheless a victim of cybercrime on a regular basis. Real estate firms are an obvious target for cybercriminals, given the significant sums of money and personal information that are involved in many of the transactions they handle.

Several elements, including the amount of readiness – or the lack thereof – determine how much danger is offered and if a successful cyberattack occurs.

Cybersecurity for the Real Estate Industry

At SubRosa, we understand the unique cybersecurity challenges that the real estate industry confronts. With large financial transactions, sensitive client information, and intricate deals, the industry is increasingly becoming a target for cybercriminals. To protect your business and maintain trust in this competitive market, stringent cybersecurity measures are crucial.

What makes my real-estate company a target?

In the United States, more than half of cyberattacks are directed against small enterprises. While small firms may not appear to be as valuable as huge corporations from a financial standpoint, their security measures are often laxer, making hacking them a far easier task for malicious actors. Small companies already account for 13 percent of the global cybercrime industry, despite the fact that the average small firm invests less than $500 per year in cybersecurity.

However, while a title insurance firm, or any business in the real estate industry, may appear to be an improbable target for a cyberattack, these types of attacks are really fairly prevalent. After all, the real estate sector is projected to be worth $31.8 trillion, and the organizations that operate inside it maintain a tremendous quantity of consumer data, which can include everything from social security numbers to financial and banking information.

The Landscape of Real Estate

In the real estate industry, significant amounts of confidential information, including personal client data and financial details, are handled daily. This makes the industry a high-value target for cyber threats such as fraud, data breaches, and ransomware attacks. Cyber-attacks can lead to significant financial losses, damage to your reputation, legal issues, and a loss of client trust.

Furthermore, as the industry embraces digital transformation and adopts technologies like AI, IoT, and cloud-based services, the risk landscape grows increasingly complex. To stay ahead of these challenges, a robust, proactive, and adaptive cybersecurity strategy is indispensable

Our Solutions

SubRosa offers specialized cybersecurity solutions designed explicitly for the real estate industry. Our expert team has a deep understanding of the unique challenges and vulnerabilities associated with the industry.

Our services include:

  • Risk Management: We help real estate firms identify, evaluate, and manage their cybersecurity risks, fostering the development of a proactive and all-encompassing risk management strategy.
  • Data Protection: Our advanced solutions ensure the protection of your sensitive client data, transaction details, and proprietary information, reducing the risk and impact of potential data breaches.
  • Regulatory Compliance: We assist in maintaining compliance with relevant data protection laws and regulations, such as GDPR, CCPA, and others. Our ongoing compliance monitoring ensures you avoid penalties and remain current with evolving regulations.
  • Incident Response: Should a breach occur, our rapid response solutions help limit the damage, recover lost data, and prevent future intrusions. Our security operations center is available 24/7 to respond to any threats.
  • Training and Awareness: We offer comprehensive training programs to equip your employees with the necessary knowledge to recognize and mitigate cyber threats, turning your staff into a formidable first line of defense.

Securing Your Future Together

At SubRosa, our commitment is to safeguard the future of the real estate industry. We strive to not just protect your data today but to build a resilient security infrastructure that is prepared for the challenges of tomorrow.

In the real estate industry, protecting your digital assets and maintaining client trust is critical. Reach out to us today to discover how we can help fortify your business. At SubRosa, your cybersecurity is our utmost priority.