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Why cyber
security
should be a
top priority
for law firms
in 2020
The legal sector
has been
identified as a
top target for
cyber criminals
www.lawyerchecker.co.uk
National Centre for Cyber
Security
LAW FIRMS REPORTED
CLIENT MONEY WAS
£731,250 WORTH OF
LOST TO CYBER CRIME
www.lawyerchecker.co.uk
In the first six months of 2019
HM Government
Apr
201
1,400 criminal
organisations
are actively
targeting the
legal sector
www.lawyerchecker.co.uk
Solicitors Regulation
Authority (SRA)
£11m of client
money
compromised
as a result of
cyber fraud
www.lawyerchecker.co.uk
West Midlands Police
Cyber Crime Unit
Out of 100 law
firms surveyed
75%
Have had their
passwords
compromised
94%
Were not fully
protecting money
transfers
www.lawyerchecker.co.uk
Out of 100 law
firms surveyed
94%
Were at risk from
email spoofing
82%
Did not hold the
government
recommended
cyber essentials
accreditation
www.lawyerchecker.co.uk
The practice of attempting
to unlawfully gain access
to unauthorised data via​
email deception.
Key threats to law firms
PHISHING
www.lawyerchecker.co.uk
A type of malware that
threatens to publish the
victim's data or perpetually
block access to it unless a
ransom is paid.
Key threats to law firms
RANSOMWARE
www.lawyerchecker.co.uk
The practice of attempting to
unlawfully gain access to
unauthorised data via​
phone deception.
Key threats to law firms
VISHING
www.lawyerchecker.co.uk
A spoofing attack is a
situation in which a person
pretends to be somebody
else to steal personal
information.
Key threats to law firms
SPOOFING
www.lawyerchecker.co.uk
Criminals often target
conveyancing firms with a
scam called “Friday afternoon
fraud” when they know you
are at your busiest. This is a
form of phishing attack.
Key threats to law firms
FRIDAY AFTERNOON FRAUD
www.lawyerchecker.co.uk
Cybercriminals use whaling
attacks to impersonate senior
management in an organisation,
such as the CEO, Managing
Director or other executives,
hoping to gain authority to their
computer systems to access
sensitive data or money.
Key threats to law firms
CEO WHALING
www.lawyerchecker.co.uk
When a criminal hacks into an
email account pretending to
be somebody else to steal
money or personal data.
Key threats to law firms
EMAIL MODIFICATION FRAUD
www.lawyerchecker.co.uk
Ensures client funds are sent to a
legitimate bank account associated
with the vendor's conveyancing
firm.
Account &
Entity Screen
Helps validates the source and
destination of funds by checking
the bank account details match
your client's name, address and
date of birth.
Consumer Bank
Account Checker
When checking a client's ID, how
do you know if they are real or
fake? Thirdfort is an FCA
regulated business that uses a
mobile app to digitally confirm a
client's identity.
Thirdfort ID
Checker
How can you help to prevent cyber crime?
Meet our suite of protection products
Cyber Essentials helps you to guard
against the most common cyber
threats and demonstrate your
commitment to cyber security
Cyber
Essentials
Accreditation
It is essential for any size
business to monitor their
information on the dark web.
Dark Web
Monitoring
Cyberattacks can happen to any
business, so it’s important to
consistently check for any
weaknesses in your systems.
Penetration
Testing
How can you help to prevent cyber crime?
Meet our suite of protection products
It is essential for a business of any
size to be aware of the threat of
phishing emails. A phishing
simulation tool can be used to
ensure that staff can identify
harmful emails, before it’s too late.
Phishing Tests
It’s so easy for a criminal to send
emails from your exact email
address. Our recommended
DMARC tools stops criminals from
impersonating your business.
OnDMARC
email
protection
How can you help to prevent cyber crime?
Meet our suite of protection products
Lawyer Checker believe in a jargon free, straightforward and accessible approach to
cyber security.
We offer a fully inclusive suite of products and services designed to help protect your
firm from money transfer fraud and the imminent threat of cyber crime.
Start your journey with cyber crime
Call: 01829 307303 Email: support@practicalvision.co.uk
CONCLUSION
www.lawyerchecker.co.uk

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Why cyber security needs to be your top priority 2020

  • 1. Why cyber security should be a top priority for law firms in 2020
  • 2. The legal sector has been identified as a top target for cyber criminals www.lawyerchecker.co.uk National Centre for Cyber Security
  • 3. LAW FIRMS REPORTED CLIENT MONEY WAS £731,250 WORTH OF LOST TO CYBER CRIME www.lawyerchecker.co.uk In the first six months of 2019 HM Government
  • 4. Apr 201 1,400 criminal organisations are actively targeting the legal sector www.lawyerchecker.co.uk Solicitors Regulation Authority (SRA)
  • 5. £11m of client money compromised as a result of cyber fraud www.lawyerchecker.co.uk West Midlands Police Cyber Crime Unit
  • 6. Out of 100 law firms surveyed 75% Have had their passwords compromised 94% Were not fully protecting money transfers www.lawyerchecker.co.uk
  • 7. Out of 100 law firms surveyed 94% Were at risk from email spoofing 82% Did not hold the government recommended cyber essentials accreditation www.lawyerchecker.co.uk
  • 8. The practice of attempting to unlawfully gain access to unauthorised data via​ email deception. Key threats to law firms PHISHING www.lawyerchecker.co.uk
  • 9. A type of malware that threatens to publish the victim's data or perpetually block access to it unless a ransom is paid. Key threats to law firms RANSOMWARE www.lawyerchecker.co.uk
  • 10. The practice of attempting to unlawfully gain access to unauthorised data via​ phone deception. Key threats to law firms VISHING www.lawyerchecker.co.uk
  • 11. A spoofing attack is a situation in which a person pretends to be somebody else to steal personal information. Key threats to law firms SPOOFING www.lawyerchecker.co.uk
  • 12. Criminals often target conveyancing firms with a scam called “Friday afternoon fraud” when they know you are at your busiest. This is a form of phishing attack. Key threats to law firms FRIDAY AFTERNOON FRAUD www.lawyerchecker.co.uk
  • 13. Cybercriminals use whaling attacks to impersonate senior management in an organisation, such as the CEO, Managing Director or other executives, hoping to gain authority to their computer systems to access sensitive data or money. Key threats to law firms CEO WHALING www.lawyerchecker.co.uk
  • 14. When a criminal hacks into an email account pretending to be somebody else to steal money or personal data. Key threats to law firms EMAIL MODIFICATION FRAUD www.lawyerchecker.co.uk
  • 15. Ensures client funds are sent to a legitimate bank account associated with the vendor's conveyancing firm. Account & Entity Screen Helps validates the source and destination of funds by checking the bank account details match your client's name, address and date of birth. Consumer Bank Account Checker When checking a client's ID, how do you know if they are real or fake? Thirdfort is an FCA regulated business that uses a mobile app to digitally confirm a client's identity. Thirdfort ID Checker How can you help to prevent cyber crime? Meet our suite of protection products
  • 16. Cyber Essentials helps you to guard against the most common cyber threats and demonstrate your commitment to cyber security Cyber Essentials Accreditation It is essential for any size business to monitor their information on the dark web. Dark Web Monitoring Cyberattacks can happen to any business, so it’s important to consistently check for any weaknesses in your systems. Penetration Testing How can you help to prevent cyber crime? Meet our suite of protection products
  • 17. It is essential for a business of any size to be aware of the threat of phishing emails. A phishing simulation tool can be used to ensure that staff can identify harmful emails, before it’s too late. Phishing Tests It’s so easy for a criminal to send emails from your exact email address. Our recommended DMARC tools stops criminals from impersonating your business. OnDMARC email protection How can you help to prevent cyber crime? Meet our suite of protection products
  • 18. Lawyer Checker believe in a jargon free, straightforward and accessible approach to cyber security. We offer a fully inclusive suite of products and services designed to help protect your firm from money transfer fraud and the imminent threat of cyber crime. Start your journey with cyber crime Call: 01829 307303 Email: support@practicalvision.co.uk CONCLUSION www.lawyerchecker.co.uk