Don't let cyber criminals fill their stockings this Christmas

Dec 15, 2022, 00:00 AM
It's important to take steps to keep your data safe – whether it’s a real estate transaction or simply Christmas shopping – amid the urgency to finalise transactions before the holidays.
Title : Don't let cyber criminals fill their stockings this Christmas
Cta title :
Cta button text :
Cta external link url :
News date : Dec 15, 2022, 00:00 AM
REIWA has shared a timely reminder with real estate agents and consumers alike in the lead up to Christmas as cyber criminals look to take advantage of the silly season.   

“It’s easy at this time of year to get distracted by the various celebrations, events and the mad race to the holidays,” said REIWA CEO Cath Hart. “But cyber criminals don’t take holidays. They have become masters at their craft – they will try anything to fill their stockings this Christmas so it’s important not to let your guard down.”  

Through its Memorandum of Understanding with Edith Cowan University’s Security Research Institute launched last month, REIWA developed a toolbox of tips and advice which has since been rolled out by REIA nationally, to help real estate agents manage cyber security risks and protect client information.  

Ms Hart said it’s equally important for consumers to take steps to keep their data safe – whether it’s a real estate transaction or simply Christmas shopping – amid the urgency to finalise transactions before the holidays.  

REIWA advises consumers to: 

  • Be wary of any websites or social media posts that ask for an upfront payment to secure a rental lease. 
  • Only use real estate portals like www.reiwa.com to search for properties listed by licensed agents.  
  • Never click on links in emails or texts from unknown or unverified sources.  
  • Read emails carefully to avoid misdirection emails that intercept bank payments, including checking originating addresses for unusual spelling and anomalies in company website references. 
  • Call the supposed originator of an email or text if you’re unsure whether it’s a scam. This may be a bank, real estate agent, settlement agent, online retailer, or other organisation. Search for their number online rather than relying on the number provided in a suspicious email.   
  • Look carefully at fonts and double check the text – often scam emails contain typos, unusual formatting, or spelling/grammar errors.  
  • Protect yourself with two-factor authentication. 
  • Update your software regularly – don't keep rescheduling the update reminders. Even though it may be inconvenient – it's much less inconvenient than a cyber hack.  
  • Choose passwords that aren’t easy to guess – and don’t use the same password across every site.  

“REIWA is working hard with our member agencies to upskill and upgrade cyber security in the real estate industry,” said Ms Hart. “We encourage consumers to take equal responsibility for protecting their data by implementing safety procedures and best practice tips.” 

Ms Hart also recommended visiting ScamNet if you suspect your personal information has been compromised in a transaction – whether real estate related or otherwise. 
contenttypes : News
topics :
  • Advice
audiences :
Hacker wearing Christmas hat in front of computer screens
Cta linked page :