While many of these Best Practices are financial and internal controls, there are technical components to ALTA compliance:
- Disaster management and recovery planning
- Managing access controls and security of the parts of your network that contain PII kept by your organization
- Monitoring for intrusions into your systems that contain PII and responding appropriately to these breaches should they occur
- Maintaining a Written Information Security Policy and training your employees on this policy.
Some firms take these requirements seriously and routinely update their policies, training, and security technology to fully protect themselves and their clients. But the reality is that many do not and are compliant with ALTA on paper only.
What clients say
YOU WON'T FIND A BRIGHTER CYBERSECURITY SOLUTION
We’re not in the business of trading in fear, but the truth is, cyber fraud is very real and the best way to mitigate risk is to put safeguards in place. This is what we do at Ihloom; help lawyers just like you proactively protect their clients’ title and real estate transactions from cyber risks.