Cybersecurity
Protecting digital banking networks and data from cyber threats.
Detailed Description
Cybersecurity
What is the primary goal of cybersecurity in real estate?
The primary goal is to protect sensitive information such as client data and financial records from cyber threats.
Why is cybersecurity particularly important in the real estate sector?
It's important due to the large sums of money involved and the sensitivity of personal information, making the industry a prime target for cybercriminals.
What regulatory frameworks influence cybersecurity practices in real estate?
Regulatory frameworks include the FTC regulations, Gramm-Leach-Bliley Act (GLBA), and state-specific laws like the California Consumer Privacy Act (CCPA).
What are some common cybersecurity threats faced by real estate firms?
Common threats include phishing attacks, ransomware, and data breaches.
What are some best practices for enhancing cybersecurity in real estate firms?
Best practices include regular risk assessments, strong password policies, multi-factor authentication, and employee training.