Targeting Construction and Real Estate Industries It has become commonplace in the real estate and construction industry to make electronic, digital, and wired payments, especially with the very large sums that are often transferred. With paper checks disappearing, cybercriminals are now targeting these industries—victimizing both payors and payees—and causing significant financial tension and reputational harm. As evidenced by a recent FBI bulletin specifically warning the construction industry, fraudsters have become increasingly sophisticated, hacking into e-mail servers, posing as escrow agents or company employees, intercepting wire transfers before the payee or payor even realize it. The author discusses the schemes that…