In the press: Solicitors told to up security after couple loses £45,000
January 7th, 2016
Law firms have been urged to increase security measures in the wake of online scams where hackers pose as solicitors.
In a recent case published in the Daily Mail Online, a newlywed couple lost their £45,000 deposit for a three-bedroom home in Bishops Stortford in Hertfordshire after sending the money to a hacker rather than their solicitor.
In this case, the hacker monitored emails between the buyer and solicitor. Then sent a fraudulent email from the solicitor’s address asking the deposit to be paid into an alternative account. It was only when the solicitor said the money had not arrived that the scam was revealed.
According to the Solicitors Regulation Authority, around four companies a month are being targeted by fraudsters.
In response, Robert Rutherford, CEO of IT consultancy QuoStar, recommends that solicitors use encryption technologies and secure online portals to prevent consumers from losing their hard-earned savings.
Read the rest of the article online on Mortgage Introducer
10 Data Leak Prevention Tips for Law Firms
Data leak prevention (DLP) is a subject that comes up again and again. “How do I stop data leaks from occurring?” and “How do I know if a data leak has happened?” are two questions that legal firms want answers to. The premise of DLP is to stop intellectual property, client details or other sensitive […]
5 common mistakes mid-sized law firms make when choosing a practice management system
The legal business landscape is still changing at pace and thus the firms within it need to change to protect their client base, their staff, their brand and their margins. IT systems and platforms now sit at the heart of every firm and are key to supporting these important areas. Within the IT estate, the […]
7 quick technology wins professional services firms can make right now to emerge stronger from COVID-19
The COVID-19 pandemic has had a significant impact on professional services firms worldwide. While the industry may have been able to adapt more quickly compared to others like hospitality, leisure and tourism, they still had the impact of clients’ changing priorities, cost avoidance and reduction measures, and the delay or cancellation of projects. Many enacted […]