How cybercrime, company silos and coverage gaps put client money at risk
It is 3.45 pm on a Friday. A law firm’s accounts team receives an email confirming revised bank details for a client transaction. The message appears to come from a known contact, follows an existing email chain and uses the right tone and terminology. The payment is authorised. Hours later, the firm discovers that £175,000 […]
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LPM INSIGHTS ROLL
Managing data risks in practice
Documents and personal data are solicitors’ stock-in-trade. The proliferation of cloud-based case management tools, and lately AI-enhanced tools covering all aspects of legal practice makes managing this data effectively more complex, but even more important. How you manage your clients’ data is of increasing interest to clients and your regulators. In an environment where cyberattacks […]
