What unique challenges does the real estate industry face in implementing digital risk protection, and how can they overcome them?
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The real estate industry faces unique challenges in implementing digital risk protection due to the sensitive nature of the data involved, the growing number of cyber threats targeting the industry, and the complex network of stakeholders involved in real estate transactions. To overcome these challenges, real estate companies can invest in robust cybersecurity measures, educate employees and clients on best practices for data security, implement encryption technologies, regularly conduct security audits, establish strong data protection policies and procedures, and collaborate with cybersecurity experts to stay updated on the latest threats and prevention methods.