The Solicitors Regulation Authority (SRA) has warned firms to be on their guard against the increasing menace of cybercrime. It is receiving more and more reports of firms either being contacted by con artists or falling victim to fraudulent activity, with potentially serious consequences for clients buying or selling property. The scams are usually either: callers pretending to be banks to obtain passwords and other sensitive information; or e-mails between firms and clients being intercepted so that client funds are paid into fraudsters accounts. Paul Philip, SRA chief executive, says: “This is an issue that is not going away.
04 June 2015
Cybercriminals hit law firms
MOVERS & SHAKERS
Sharpe Pritchard—Victoria Heald-Barraclough
Magic Circle hire strengthens Sharpe Pritchard’s infrastructure finance capability
Lewis Silkin—Iskander Fernandez
Lewis Silkin adds corporate crime specialist to growing dispute resolution team
Morr & Co—Michael Charalambous
Morr Co strengthens private client team with partner appointment
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