The real estate industry has undergone a transformative shift towards digitalisation, accelerated by factors such as the COVID-19 pandemic and the rapid advancement of emerging technologies like Artificial Intelligence (AI) and Virtual Reality (VR). From viewing property listings to finalising contracts, more aspects of buying and selling property have shifted online, promising enhanced convenience and efficiency for all involved.
AI-driven technologies are streamlining contract processes, enhancing efficiency, and reducing errors. However, amidst this transition towards digitalisation, a valid concern has emerged: cybersecurity. The rise of AI-driven fraud becoming popular amongst cybercriminals. AI algorithms can help automate and optimise fraudulent activities during property transactions to steal sensitive information and perpetrate identity fraud.
Such activities include: combining real and fake data to create fake identities, conducting large-scaled phishing scams and voice cloning to redirect bank funds.
With sensitive information exchanged during property transactions (ranging from financial records to legal documents) ensuring the security of this data has become paramount. This is largely because cybercriminals often target property transactions due to their lucrative nature. Hence, this is where bytherules Conveyancing comes in as Australia’s leader in security, convenience, and ease of conveyancing.
Verification of Identity (VOI) stands as a cornerstone in bytherules’ commitment to ensuring the integrity and security of property transactions. In a landscape plagued by identity fraud and fraudulent land transactions, VOI serves as a vital safeguarding measure. By rigorously verifying the identity of clients and mortgagors, bytherules effectively mitigates the risk of fraudulent activities, facilitating a seamless and secure conveyancing process.
In compliance with government regulations, bytherules offers Australia’s leading VOI services, enabling clients to verify themselves from the comfort of their homes using their mobile phones or tablets. This streamlined approach not only enhances convenience but also upholds the highest standards of security and authenticity.
As cyber threats remain ever-present the importance of investing in robust cybersecurity measures cannot be overstated. bytherules Conveyancing recognises this and stands at the forefront of cybersecurity innovation, leveraging advanced technologies and best practices to ensure we have robust strategies to prevent potential breaches.
By engaging the services of a conveyancing company such as bytherules Conveyancing which prioritises cybersecurity, clients can rest assured that their personal and financial information remains safeguarded against malicious intent. bytherules Conveyancing is committed to offering peace of mind and incredibly easy conveyancing services to clients embarking on their property journey.
Incredibly easy and safe, work with the best. Receive your 10-second quote at www.bytherules.com.au or or speak to our friendly staff 7 days a week on 1300 223 344, when you are ready to buy or sell.