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Wire fraud remains one of the title industry’s most pressing threats—an issue that became all too real for Michael Ruder of Legacy Settlement Services. In 2022, Legacy Settlement
Services was hit with nearly $500,000 in fraudulent transactions, a crisis that could have been devastating if not for the swift intervention of WFG National Title Insurance Company. With expert guidance from WFG, Michael navigated through the chaos, connecting with top legal and cybersecurity professionals to not only recover the misdirected funds but also overturn a challenging cyber insurance denial.
Ruder’s experience highlights the critical role of strong industry partnerships and proactive cybersecurity measures. Discover how WFG’s dedicated support and innovative solutions can help protect your business from evolving cyber threats. Dive into the full article to learn more about this inspiring recovery story and explore how WFG is empowering title agents and real estate professionals with the tools they need to stay secure. Read the complete story today!