The real estate industry often goes overlooked in discussions about data security, yet it is one of the most vulnerable sectors with potentially devastating consequences for companies and their clients. According to the Occupational Fraud 2022 Report by ACFE, the real estate industry suffers the highest median loss of $435,000, surpassing financial and government organizations.

Renters searching for a place to live must provide extensive personal information, making them potential targets for cybercriminals. The more data collected by property owners or real estate agencies, the greater the risk of a data breach. Losing control over sensitive real estate data can lead to fraudulent activities, including using stolen identification documents and credit card details.

Data regulations in real estate

Real estate companies must adhere to data regulations specific to their region, such as the FTC’s Principles of Data Protection and the Gramm-Leach-Bliley Act in the United States. These regulations require organizations to understand data storage and access, have response plans for data loss incidents, and protect consumers’ nonpublic information.

Data Loss Prevention for real estate

Real estate companies can use data loss prevention tools like Zecurion Next Generation DLP to mitigate these risks. These tools help identify vulnerabilities, control insider threats, detect fraudulent schemes, monitor high-risk groups, and ensure compliance with data protection regulations. Features such as data identification and classification, forensic analysis, content detection techniques, and customizable reporting enable real estate organizations to prioritize data security and adopt a people-oriented approach.

Easy-to-use and Easy-to-implement Enterprise DLP

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Know More, Risk Less

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