TNLTA Land Title School
September 17- Knoxville
September 18- Chattanooga
September 19- Nashville
Approved for: 3 hours General CLE
Applied for: 3 hours General CE
COURSE DESCRIPTION & OUTLINE
Part 1 – Insight into Attacks, Strategies for Preventing Wire Fraud Losses with Response Plans
Presenter: Eugene McCullough, Title Experts and Management Services, Esq. NPT, CIPP/US
Cyber fraud, and especially wire fraud, is a growing problem across the nation. Almost all of these cyber-attacks begin with a hacker gaining unauthorized access into a network or e-mail system by tricking employees into clicking onto a link that introduces malware or discloses log-in information. This course will also provide attendees with examples of the techniques the hackers use and demonstrates how a cyber crook, with as little as 30 seconds of unsupervised time while you get them a cup of coffee, can gain access to your network and data.
The course will include videos of hackers and others who explain the methods and strategies hackers utilize. Demonstrations will be provided on how easy it is to obtain deceptively similar domain names or e-mail addresses. Also covered will be tricks they use that makes even changing passwords useless once they have initially gained access. Websites and YouTube channels that publicly promote hacking will be viewed to demonstrate how easy, and inexpensive, it is to obtain hacking skills and high-tech hacking tools that are virtually undetectable.
Finally, the presentation will cover strategies to prevent social engineering, and the importance of written mobile device and cyberattack response plans. Sample plans will be made available and tips for how to manage the first 4 hours after discovery of any attack will be discussed. Finally, links to staff and Realtor training videos will be provided to periodically educate your staff when you return to your office.
Part 2 – Mitigation your wire fraud losses with Insurance
Presenters: Graham Swafford, Swafford Insurance, LLC, Eugene McCullough, Title Experts and Management Services, Esq. NPT, CIPP/US
There is an old saying, “There are two times to look at your insurance policies, and one of those is too late.” Almost all title and settlement agents carry several different insurance policies, but very few know what coverage they actually have. All too often, when a claim occurs, you discover that the loss event experienced is not covered. This presentation will focus in how various professional liability policies routinely “exclude” wire fraud losses from coverage. Knowing what your policy covers, and what it does not, is the first step to ensuring you have the coverage you actually need.
Cyber-attacks, especially wire fraud, are becoming more common, and when they do, you will encounter substantial non-traditional losses. Coverage under a stand-alone cyber insurance policy is often the best source of protection, but these policies are misunderstood. By understanding what types of loss expenses can arise from a cyber-attack, you will be able to better assess whether the cyber policy provides the coverages you actually need.
This presentation will be led by Graham Swafford, a professional liability broker for over 15 years, who specializes in liability coverage needed by attorneys, title agents and escrow closing offices who are susceptible to wire fraud and data breaches from cyber hackers.
NOTE: For member attendees from the same office, second and subsequent registrants may attend at the discounted price of $50 per person. You must be a TNLTA member to take advantage of this discount, and register at the same time.