Massive losses as criminals target UK lawyers’ insecure transactions

Unsurprisingly, more evidence is emerging all the time of fraud perpetrated by criminal gangs against law firms who do not manage transactions involving financial transfers securely. This article, published in The Times on Friday 4 September, highlights some of the causes.

As ever, one of the root causes is the use of email to transfer confidential information. Law firms should be insisting that their clients do not allow any sensitive or potentially high-risk information to be carried by email. The article referred to above highlights yet another instance of theft through email penetration. However, 70% of UK law firms still use email to communicate confidential information, risking their not only clients’ funds but also potentially their own existence.

Safe4 have gone to great lengths to provide a service which offers completely confidential transfer and storage of information. As well as being SRA-compliant, all Safe4 information is held in UK-based data centres that are accredited to the ISO 27001 security standard.

If you would like more detail on how Safe4 can assist with the secure handling of critical information, please contact us. We will be delighted to speak with you.