Friday afternoon fraud – the biggest day for completions – was responsible for 75 per cent of all cybercrimes reported to the Solicitors Regulation Authority in 2016. Phishing via interception of client monies or proof of identity linked to asset ownership remain the two biggest threats for firms that undertake conveyancing.
Conveyancing solicitors need to continually ensure that the necessary checks and safeguards are in place to beat the fraudsters. To help, we created a cybersecurity and scam prevention online resource earlier this year, to help you:
We’ve now also launching an email digest of cybersecurity news relevant to the legal sector, and you can sign up now to receive your weekly digest, as well as information on endorsed cybersecurity providers, and information about relevant Law Society training, events and guidance