Cyber pirates have found easy prey in real estate brokers, title agents and estate attorneys. Their emails are a treasure trove of information about pending transactions involving large wire transfers. Real estate buyers, eager to close the deal, blindly trust the email they receive and the advisors with whom they correspond.
Electronic signature technology is already the industry standard for executing business contracts in almost every industry. Professionals in real estate, legal services, investment management and insurance, particularly, have adopted use of this technology to transact efficiently. As e-signatures have now reached mainstream levels of adoption, where does the technology go from here?