An IRELA CLE Webinar

Can Insurance Protect You Against Wire Fraud?

Tom Cronkright

Executive Chairman & Co-Founder - CertifID

MCLE approved for 1-hour General CLE credit

Registration is Free for IRELA Members
Non-Members ~ $50*

Real estate continues to be a top target for cybercrime. Over the past five years, business email compromise (BEC) has impacted real estate transactions to the tune of $1.6B in wire fraud losses, according to the recent FBI IC3 I-060923-PSA.

Insurance can be an important way to minimize your risks, but it's important to know whether your current policy covers cyber crimes such as wire fraud.

Tom Cronkright from CertifID will walk through the evolution of cyber insurance, and the options for real estate firms today to protect against financial and reputational damage due to wire fraud. He'll compare traditional professional liability policies with emerging cyber and crime policies - to help you decide what path might be best for your practice.

Tom serves as the Executive Chairman of CertifID, a digital identity and device verification solution used by title companies, law firms, lenders, realtors, and home buyers and sellers to prevent wire fraud. He and his business partner, Lawrence Duthler, created the solution in response to a fraud incident they experienced in 2015 and the accelerating instances of fraud in real estate transactions.

He is also the CEO of Sun Title, one of the largest commercial and residential title agencies in Michigan and has been recognized as an Inc. 5000, 101 Best and Brightest Companies to Work For, and 50 Businesses to Watch in Michigan. Tom is a licensed attorney and national subject matter expert on cyber security and wire fraud and has been featured in Wall Street Journal, Washington Post, Good Morning America, Forbes, and other national publications.

PCAM Course ID: 

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