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Cyber attacks can affect any business anywhere, large or small and the threat is enormous. In 2018, there were more than two million cyber incidents worldwide that resulted in over US$45 billion in losses, according to the Online Trust Alliance. This is most likely an underestimate, given many attacks go unreported.
The real estate industry is far from exempt from cyber attacks. In fact, the frequent, high-value transactions between multiple parties and which are taking place digitally mean that it can be particularly attractive to hackers.