Dodd Frank Update's sister publication, The Legal Description, is hosting a 90-minute training Webinar on Oct. 4 at 2 p.m. ET to educate settlement services professionals on solutions and techniques to ensure customers’ data within a title business is secured. Sponsored by Real Estate Data Shield, the Webinar will feature a team of nationally-recognized, top privacy experts who will provide important, current information on privacy laws and how to avoid data breaches and other data threats within a company.
“We are seeing more and more threats to data within title companies in the past six months. I am thrilled that The Legal Description and Real Estate Data Shield have come together to provide training designed to provide title professionals with some useful tips to enhance their security measures. Participants will learn what situations to pay attention to that could cause data loss and potential, detrimental legal issues,” said Andrea Golby, editor of The Legal Description and moderator for the Webinar.
Golby will convene with speakers Richard Purcell, chief executive officer, Corporate Privacy Group; Paul Schwartz, faculty director and professor of law, Berkeley Center for Law and Technology; and Joe DePaul, managing director, area senior vice president, CyberRisk Services, to discuss:
- The danger zones as data flows through the title processes and where data loss or data breach can occur;
- Complying with federal laws surrounding data security and data privacy;
- Expectations from the Consumer Financial Protection Bureau regarding data security; and
- Solutions for title agents on how to address privacy laws and tips to ensure a secure office.
Data leaks within a title company or unprotected systems exposed to cyber theft can mean loss of reputation, loss of customers, government fines, lawsuits and even loss of your business. But while data thieves and hackers continue to find new ways to threaten your data, privacy and technology experts are working just as hard to find advanced and better ways to prevent such intrusions.
“If you’re not taking an urgent approach to the increased regulation and enforcement, you’re missing the last boat,” said Christopher Gulotta, founder and chief executive officer of Real Estate Data Shield. “Lenders, title underwriters, and all the major title and settlement industry associations and publications are making data security compliance a top priority. Why? Because the CFPB, FTC and other regulators are more than ever enforcing the applicable data security laws and regulations that apply to our industry. In fact, in April, the CFPB released Bulletin 2012-03 that specifically referenced regulator on-site audits and in reaction to this, lenders are gearing up now to conduct due diligence of their closing vendors to ensure that our industry is compliant. In this climate, it’s comply or die!”
This Webinar includes an opportunity for attendees to ask questions. Participants will also receive the full PowerPoint presentation following the live event, along with related feature articles from October Research, LLC publications. Thanks to sponsor Real Estate Data Shield, you can train your entire staff at a discounted rate! Register for one live site and give your staff the insight to ensure you are on the right path to a safe and secure office.
Register here for the Webinar or call (330) 659-6101, ext. 6611.