Take a moment to think about all of your personal information that has gone digital. Your address, phone numbers, bank account statements, credit card numbers, social security number and tax information are just a few examples of the sensitive data that is likely accessed digitally by a number of different platforms. As the appraisal and lending industries continue to transition to more technology-driven loan origination software (LOS) and data submission portals, the need for data security has never been more important.

While digital data is easily accessible, it’s also extremely vulnerable if left unchecked. Not only are cyber attacks a reality, but also corrupted data, system and platform compatibility and poor user practices all put your clients sensitive information at risk. Here’s a statistic that may surprise you ...