531110

Lessors of Residential Buildings and Dwellings

Cyber Liability Insurance for NAICS 531110

CYB

Ranked reasons a business in NAICS 531110, Lessors of Residential Buildings and Dwellings, needs Cyber Liability coverage. Each reason is specific to how this industry actually loses money, and ends with the question to ask before the objection comes up.

  1. 01

    Tenant files hold everything needed for identity theft.

    • Applications carry social security numbers, income, employment, and bank details.
    • Credit and background checks add more.
    • Every affected tenant and applicant must be notified.
    ASK
    How many tenant applications and files do you hold?
  2. 02

    Rent payments are diverted by fake landlord instructions.

    • Tenants pay rent electronically against instructions from you.
    • Fraudsters send fake banking changes to tenants directly.
    • Tenants pay, you are not paid, and both of you lose.
    ASK
    How do you communicate payment instructions to tenants?
  3. 03

    Building access and cameras are connected systems.

    • Access control, cameras, and smart locks run on networked systems.
    • Those systems know who enters and when.
    • Compromise gives an intruder entry and a record of when to use it.
    ASK
    What building access and camera systems are connected to your network?

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