Cyber dangers
Update about fund transfers
There has been much written about how lawyers receive and deliver money from their trust accounts on behalf of their clients as part of a transaction. The issue comes down to ensuring good funds are being dealt with in order that value is exchanged. In Canada, our banking system works on the basis of trust,… Read More »
Categories: Cyber dangers, Finances, Firm Management, Legal Technology, Online Only, Real EstateYou transferred funds to the wrong account – what now?
Fraudsters try to trick lawyers into wiring funds to an account that the fraudster controls. Sometimes, they succeed, and the funds get into the hands of criminals. What do you do then? Below are some examples that have been reported to us: 1. A lawyer’s office received a last-minute redirection of monies payable on the… Read More »
Categories: 2022 June - After Covid 19, Articles, Could This Happen to You?, Cyber dangers, Disaster Planning, Fraud, Legal TechnologyPutting the insurance puzzle together
LAWPRO’s primary Errors & Omissions (E&O) program is a key piece of the insurance puzzle for any lawyer and law firm. But additional insurance coverage is often required to protect against the full constellation of risk faced by a law firm. Remember that all insurance policies are drafted to cover only a specific set of… Read More »
Categories: Cyber dangers, Firm Management, Online OnlyAvoiding the wire fraud nightmare – what you need to know to protect yourself and your clients
Finding out that money you sent out of trust has gone missing is a lawyer’s worst nightmare. Unfortunately, we are seeing a rise in wire fraud efforts targeting law firms and their clients. Fraudsters have developed several ways to convince lawyers and law clerks to wire funds out of law firm trust accounts to fraudsters’… Read More »
Categories: CPD, Cyber dangers, Fraud, Legal TechnologyWire Fraud Scams on the Rise: 5 Tips to Reduce Your Risk
LAWPRO is seeing an increase in phishing attacks against lawyers trying to trick them into wiring funds out of their trust accounts to the fraudster. There are different ways that fraudsters are trying to direct lawyers and law firms to wire money to them. Fraudsters have pretended to be: A lawyer in the firm, to… Read More »
Categories: Cyber dangers, Fraud, Online OnlyCybersecurity and Fraud Prevention Tips
Phishing attacks and other forms of cyberfraud are an increasingly common source of loss for lawyers. Our constantly changing technology, and the changing tactics used by fraudsters, require constant vigilance and adaptation. Here are a few tips to keep your and your clients’ information secure and prevent fraud.
Categories: Cyber dangers, FactsheetsA holiday tradition the pandemic won’t stop this year: frauds targeting lawyers
A holiday tradition the pandemic won’t stop this year: frauds targeting lawyers The pandemic means we won’t be able to fill our December holidays with the familial gatherings and other joyful celebrations to which we are accustomed. But even though many holiday activities and events are cancelled, there is one annual tradition that likely won’t… Read More »
Categories: Cyber dangers, Fraud, Online OnlyLa fraude et cybercriminalité
Présentateur: Raymond Leclair, Vice-président, Affaires publiques
Categories: CPD, Cyber dangers, FraudTips for real estate lawyers in the Covid residential purchase, refinance and home renovation marketplaces
Brought to you in partnership with the Toronto Lawyers’ Association, this program looks at the trends of hot and cool markets, provides tips on providing guidance to clients looking for help with home renovations, opportunities for lawyers to provide enhanced legal services at the start of a purchase transaction, and more
Categories: Communications Errors, CPD, Cyber dangers, Fraud, Inadequate Investigation, Marketing, Real Estate, Title insuranceFraud prevention and cyber security
Understand the fraud problem, why lawyers are targeted for fraud and learn to recognize the common types of frauds faced by lawyers
Categories: CPD, Cyber dangers, Fraud