Wire Fraud Prevention in Digital Real Estate Transactions: a Comprehensive Security Framework
Year: 2024
Type: article
Abstract: This article examines the evolving landscape of wire fraud prevention in digital real estate transactions, focusing on developing and implementing robust security frameworks. The article investigates the increasing sophistication of fraud attempts and their impact on the real estate sector, analyzing various attack vectors, prevention strategies, and recovery mechanisms. Through detailed analysis of emerging threats and countermeasures, the article research demonstrates how organizations can effectively combat wire fraud through integrated technical and procedural controls. The article investigation encompasses multiple dimensions, including email security, payment verification systems, and advanced authentication frameworks, while addressing human factors' critical role through training and awareness programs. The findings reveal significant fraud prevention and detection improvements by implementing machine learning algorithms, blockchain technology, and real-time monitoring systems. By examining technological solutions and organizational procedures, this article provides a comprehensive framework for understanding and implementing effective wire fraud prevention strategies in the digital real estate environment.
Author: Sundar Subramanian -
Language: English
Subfield: Information Systems
Field: Computer Science
Domain: Physical Sciences
Open Access status: hybrid
OpenAlex ID: W4405308532