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Cyber Safety

Cyber Safety is one of the top risks facing law firms.

 

Are Conveyancing Solicitors at Risk of Money Laundering

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Conveyancing solicitors and CILEx lawyers play a critical role in preventing money laundering. They are the gatekeepers of property transactions and must remain vigilant whilst upholding professional standards. What are the best practices, firmwide, to...

Friday Afternoon Fraud and Protecting Client Money

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  Finding out cyber criminals have targeted your law firm is awful, especially if you were in the belief that you had put in place due diligence and protection. If you are a COFA, ask yourself what would your legal cashier/s do if they received a...

COFAs - Client money protection during COVID-19

Richard Hill AILFM HonFILFM
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The SRA have stated that “We expect solicitors and firms to continue to meet the high standards the public expect”….. and…”We expect firms to have appropriate contingency plans in place for disruption, but we recognise that...

The aftermath of cybercrime - cofa actions

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Law firms are commonly targeted by cybercriminals and cybercrime presents a perpetual daily risk for them. Robust controls help prevent cybercrime in the first place, but, in this edition of COFA Corner, we look at the actions a law firm and its COFA must...

The COFA & Cybercrime Prevention

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The legal sector continues to be at the forefront of cyber-attacks from fraudsters attempting to access and extract both office and client money from a legal practice. Legal Abacus has recently focused on this issue from a variety of angles. Here Jason...

Warning - Scam email alert

Tim Kidd
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Warning - Email Scam Alert.   Please be vigilant. We have been told about a new email scam whereby you may receive an email telling you that you owe money to a (usually) British business, and that the sender of the email has been instructed to...

The faceless enemy

Richard Hill AILFM HonFILFM
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We live in a digital world where we are more connected than ever. Technology influences our daily lives, activities and decisions. In business it drives innovation, efficiency and collaboration. From customers to suppliers to employees to owners, technology...

The Great Email Deception

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Facebook recently announced that they are to start alerting users if their online accounts have been targeted by state sponsored hackers.  Information is then provided on how the user can increase the security of their account.   Facebooks...

Criminals raid 50 firms in cyberattacks this year

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Criminals raid 50 firms in cyberattacks this year – SRA 15 October 2015 By   John Hyde   Up to 50 firms have fallen victim to cyberattacks since Christmas as criminals find ever-more sophisticated ways of targeting the legal...

Legal career 'hit by vishing scam'

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Legal career 'hit by vishing scam' By Joe Lynam and Ben Carter BBC Radio 4's Money Box 2 October 2015 From the section Business   Karen Mackie says she is devastated about what happened A solicitor has told the BBC that being tricked...