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2021 is an extremely dangerous time to be dealing with property transactions if necessary checks are not followed. Make sure your livelihood isn’t at risk. Make sure your Solicitor/Conveyancer uses Lawyer Checker.
In our fourth article we look at how firms should be implementing a culture of cyber awareness.
Join our short webinar where we look real life examples of how fraudsters have intercepted funds and redirected them to criminal accounts and what you can do to mitigate the risk.
Even with £millions continuing to be fraudulently redirected, with the associated reputational impact and knock on effect on professional indemnity insurance premiums, most law firms have not implemented even the most basic cyber security measures.
We consider the risks associated with money transfer fraud which in 2018 saw c.£11m of client money be compromised as a result of cyber fraud.
In this short blog series, Lawyer Checker’s Jennifer Williams has outlined, what cyber crime is and how criminals are infiltrating conveyancing transactions and stealing funds. This week she is focusing on what law firms can do to mitigate their risk.
