Tuesday, 10 December 2019

@NAT - Fraud in the probate sector

SRA Warn Probate Sector About Impersonation Fraud Attempts

The Solicitors Regulation Authority have published two scam alerts In the past week. 
The legal sector lost £731,250 in the opening half of 2019 to speculative and sophisticated fraudsters. 
Even outside the legal sector, Action Fraud found that £208 million was stolen through push payment fraud where criminals use social engineering techniques to convince the public to send the money directly to the criminal. 
Cyber crime and the prevention of it is now a vital consideration for the legal sector as a data breach could cause irrevocable reputational and financial damage. 

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