One in three UK letting agents targeted by AI fraud scams
Property Industry Eye
Recent data reveals that over a third of UK letting agents have been subjected to sophisticated financial fraud attempts. These attacks are increasingly being facilitated by AI, creating urgent security concerns for firms managing client funds.
The PropAtlas take
Agencies should prioritise software with robust multi factor authentication and strict verification protocols to mitigate these digital threats. Choosing platforms that offer advanced cyber security features is now a baseline requirement for protecting agency capital.