On Wednesday, Mike Smith, President of Axis Insurance Services, LLC spoke to a regional group of SIOR members on the topic of cyber security and risks for commercial real estate firms and related companies. He addressed issues specific to the real estate industry including:
- Understanding Cyber Risks for Today’s Commercial Real Estate Firms.
- Social Engineering, Cyber Fraud, and Phishing
- Regulatory Concerns
- Current Trends in Cyber Claims
- Cyber Risk Mitigation Strategies for Commercial Real Estate Firms
Mike shared specific examples of phishing and social engineering claims which have affected his real estate clients and discussed ways in which they could better protect themselves from cyber fraud. Below are some of the cyber risk areas affecting commercial real estate firms.
After the presentation, Mike Smith said. “I have been a proud sponsor and exhibitor for SIOR for over a decade and I was thankful to be a part of this group. I look forward to seeing everyone in the fall at the Annual Conference in Denver.”
John Stravitz, Esq, SIOR who helped organize the event said “Our speaker was too informative and made me happy I still waste time writing a check. Several of the guests said they haven’t been able to sleep and won’t be able to sleep soundly again, but was appreciative of Mike’s insights.”
To find out more about Cyber Liability Insurance Click Here
The SOCIETY OF INDUSTRIAL AND OFFICE REALTORS® is the leading professional commercial and industrial real estate association. With more than 3,200 members in 686 cities and 36 countries, SIOR represents today’s most knowledgeable, experienced, and successful commercial real estate brokerage specialists.
About Axis Insurance Services, LLC
Axis Insurance Services, LLC is a licensed professional liability insurance broker located in Franklin Lakes, NJ with agents licensed nationwide. They offer access to high-quality insurance products in the areas of Errors and Omissions insurance (E&O), Directors and Officers liability insurance (D&O), Crime, Fiduciary, and Privacy/Network Security coverage for today’s professional service firms. We strive to understand your specific insurance goals and will build custom coverage solutions that will expand and grow with your business.