FBI Statistics of Reported Crimes:

$1 Billion Targeted Real Estate Wire Fraud In 2017

In 2018, 51,146 victims lost $83,357,901 due to Cyber extortion

1,100% Increase Scams Targeting Real Estate Sector from 2015 to 2017

2,200% Increase Money Lost in Real Estate Wire Fraud 2015 to 2017

May 2018 Month with the Most Real Estate Wire Fraud Victims


Welcome

Our focus is Cyber Insurance for the real estate industry, from individuals to large firms. Ready to get protected? Choose the option below to start your quote.

Individuals Firms UNDER $2M Revenue Firms OVER $2M Revenue


Why Do I Need Cyber Insurance?

Cyber insurance covers loopholes in other insurance, like Errors and Omissions (E&O). Here are some examples of what only Cyber Insurance will cover:

Issue:
Clients follow a false wire instruction and send money to a cyber-criminal.

Result:
Your email account may have been compromised. You are sued for the stolen money.

Issue:
You lose your laptop or phone that contains confidential client information.

Result:
You are required to notify the affected clients. They may sue you if their identities are stolen.

Issue:
You post a downloaded picture or previous home inspection in the MLS.

Result:
Attorneys and others are buying copyrights. You are sued for copyright infringement.

Issue:
Buy a Cyber policy and one of these, or other covered Cyber issues occur.

Result:
Call the 24/7 Cyber Incident Response Hotline for assistance. Help recovering and insurance coverage to pay attorneys and damages.

 

What the Policy Pays For:

  • Attorneys, Computer Forensic experts, and Other Expenses to investigate, help recover, and defend you after a Cyber Event
  • Damages, such as replacing money stolen due to wire fraud, or paying for copyright infringement or ransomware recovery.
  • Notification and credit monitoring to those who had sensitive personal data compromised
  • Upgrade of computers/software to prevent future breaches
  • 24/7 Cyber Incident Response- Cyber experts available to help you recover after a breach

What’s Covered:

  • Wire Transfer fraud- Theft of client money by fraudulent wiring instructions, etc.
  • Data Breach- Theft of private business and/or client information.
  • Multimedia Liability- Claims of copyright infringement, defamation, plagiarism from use of photos, home inspections, etc.
  • Cyber Extortion/Ransomware-Threat to release, or prevent access to client and other data on your computer unless you pay a ransom.
 

Protecting You
From Cyber Threats

So You Can Focus on More Important Things.

Learn More


What is Realty Cyber Purchasing Group?

The Realty Cyber Purchasing Group, Inc. (RCPG) is a not-for-profit Risk Purchasing Group formed under the Federal Liability Risk Retention Act of 1986 to provide comprehensive Cyber liability insurance and risk management services to real estate licensees. The RCPG negotiates insurance on a group basis, resulting in more comprehensive insurance at a lower price.

How Safe is the Insurance Company?

The insurance companies are part Crum & Forster, which is A Rated and was founded in 1822. They are part of the Fairfax Financial group which had over $13 Billion in revenue in 2018. They also manage the 24/7 Cyber Incident Response Team and award-winning Claims Department.

Delivering the Best Cyber
Insurance to Our Clients


Testimonials

  • I had no idea getting the coverage was so easy and inexpensive. Sleeping better tonight!

    Burgandy S., Customer

  • After hearing about all the wire fraud, I’m glad I can protect myself and my clients.

    Amy G., Customer

  • Our office has been crossing our fingers nothing happens because Cyber insurance was so expensive. But Realty Cyber came through with rates we can afford. Thank you!

    Jerry G., Customer