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  • SRA: Conveyancing Theft Is The Biggest Threat To Law Firms

    Three-quarters of cybercrimes reported to the SRA in the 12 months are some form of "Friday afternoon" fraud. This involves criminals modifying emails directly, usually by hacking into the email system of an individual. ? They then alter the client's emails to the solicitor or vice versa, altering bank details so funds go to the criminal. The majority of cases involve conveyancing. Such scams often take place on a Friday, as this is the time that completions often take place, while it also buys criminals time to avoid detection. [...]

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    • 7th December 2016