Season 4, Episode 1

Season 4, Episode 1

From Title Nerds by Riker Danzig LLP

February 17, 2025 · 52 min

About this episode

The episode discusses wire fraud prevention with industry experts and offers insights into protecting against cyber criminals.

We kicked off the new season of Title Nerds with a deep-dive into wire fraud with our special guests John Gavigan, CEO of WireVault, which provides wire fraud prevention software, and Kinny Chan, Chief Commercial Officer of Trust Stamp, an identity verification company. Co-hosts Mike O’Donnell and Bethany Abele discussed with John and Kinny the growing experience of lawyers and real estate professionals who are fending off fraudsters trying to intercept bank instructions and redirect payments to themselves. John and Kinny shared some of the common scenarios that cyber criminals exploit, such as taking advantage of bank instructions being shared using outdated and insecure methods including email, texts, PDF forms, and unverified phone verifications, and being saved in vulnerable locations such as email folders, Excel files, and outdated software systems. They discussed how cyber criminals exploit these workflows and technologies through phishing, social engineering, email spoofing, and advanced AI tools, making traditional verification methods unsafe. Next Bethany and Mike interviewed Riker Danzig Commercial Litigation Partner Jorge Sanchez and Counsel Ron Ahrens about both…

People in this episode

Hosts: Mike O’Donnell, Bethany Abele

Guests: John Gavigan, Kinny Chan, Jorge Sanchez, Ron Ahrens

Topics covered

  • wire fraud
  • cybersecurity
  • real estate
  • identity verification
  • fraud prevention

Keywords

  • wire fraud
  • cyber criminals
  • fraud prevention
  • identity verification
  • real estate

Mentioned in this episode

Organizations: WireVault, Trust Stamp

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