A topic that we continue to discuss is wire fraud and it keeps on happening and the numbers are increasing at a high speed. Tracy Ruccia, President of Equity Title of Nevada explains that they deal with at least 3 or 5 times a week with their company hackers trying to get the wire. Tracy says those are closed attempts by what she means is that usually the sellers or the buyers has been hack because a lot of times they are dealing with a non-hosted email. Then the client sends the money and most of the time Equity catches it on time and stops the wire. On a daily basis as many times as hackers attempt to hack Equity systems Tracy gives a guess and it is about 10-15 times.
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