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| Forseti Real Estate First Closing Company to Adopt Vialok PlatformBy: Vialok "We're excited to implement Vialok as part of our remote closing process," said David Harrington, Managing Member of Forseti Real Estate Services. "The security Vialok provides will help us better protect consumers against cyber fraud," Harrington added. Forseti conducts hundreds of remote closing every month and will use Vialok to transmit and receive closing documents and other information of a sensitive nature. Forseti is absorbing the cost for implementing the platform and will make the app available free to their mobile Closers. "Our previous security measures, while comprehensive, required us to move between several platforms during a remote closing," said Kristie Peterson, Forseti's Operations Manager. "Using Vialok we can now provide a higher level of security all in one platform and it will expedite our movement to electronic closings." Peterson added. Powered by Keypasco®, Vialok provides protection against real estate and fraud scams such as email spoofing, device tampering (including cloning, debugging, and more), user credential interception, and gaps in security. Vialok provides a secure open line of communication between title agents and mobile Closers throughout the closing process. "We are thrilled to be working with Forseti, their innovative use of the Vialok platform showcases Vialok's flexibility and Forseti's commitment to cybersecurity," The Vialok technology fully integrates with any platform, requires both device and person authentication, and it's less intrusive - the software authenticates in the background, and title agents have the capability of administering their own accounts. It is also accessible from any mobile device. Last year, Vialok announced its new security solution, developed specifically to secure transactions between title agents, lenders, buyers, sellers and their agents. According to data provided by the FBI, in fiscal year 2017, nearly $1 billion ($969 million) was "diverted or attempted to be diverted" from home buyers via escrow scams — something cybercrime professionals say will continue to grow in popularity. With Vialok's technology, title agents, real estate agents, and underwriters have a secure solution for making requests for, and approving changes to settlement instructions with end users—preventing hackers and scammers from accessing banking and personal data. The Vialok solution requires end users to securely approve or deny changes to disbursement or payment instructions, and has multiple layers of user authentication without slowing the process down or making it difficult for someone to use. Vialok was formed in 2015 by Stewart Holley. Stewart saw a need for a secure method of wire transactions. The company's mission is to provide fraud mitigation solutions that are secure, affordable, effective and easy to implement. The company is located at 933 Lee Rd., Suite 100, Orlando, Florida. They can be reached at https://www.vialok.com/ End
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