Fraud Prevention
20 Red Flags of Bad Cheque Fraud You Should Recognize
Lawyers in all areas of practice continue to be the frequent targets of bad cheque scams. These scams involve debt collections, business loans, IP licensing disputes or spousal support payments. While it appears Ontario lawyers are increasingly aware of these frauds, occasionally some are being duped into disbursing funds on a bad cheque they have… Read More »
Categories: Fraud PreventionDon’t take the bait on a spear phishing scam
By now, most lawyers are familiar with phishing attacks. For those who are not, phishing is the attempt to acquire sensitive information such as usernames, passwords, and credit card details by masquerading as a trustworthy entity in an email. They take the form of a message, allegedly from your bank or an online retailer you… Read More »
Categories: Fraud Prevention, TechnologyManaging risk: Who pays for crime?
One of the questions we often get asked at LAWPRO is why certain areas of claims don’t get the full $1 million per claim amount of coverage. For example, think of how the LawPRO policy treats counterfeit certified cheques causing an overdraft, cybercrime, and intentional misbehaviour within the real estate registration system – these coverages… Read More »
Categories: Fraud Prevention, Legal Technology, TechnologyHow to recognize your computer is infected with malware
Ideally you have one or more types of properly updated anti-malware software running on your computers and networks. And hopefully that software detects and prevents any malware infections from occurring. However, because anti-malware software may not detect an infection, watch for the symptoms that can indicate a computer is infected with malware. These include: It… Read More »
Categories: Fraud Prevention, TechnologyBe Safer When Using Remote Access and Public Computers
Being able to access your work network while you are out of the office can provide increased productivity and flexibility. However, opening your systems to remote access creates a number of security risks as external network connections are a ripe target for cyber criminals. And you should think twice about using public computers for firm… Read More »
Categories: Fraud PreventionProtecting Yourself from Cybercrime Danger: Inside People Can Be The Most Dangerous
People inside your office have the greatest knowledge of your systems and where the important data is located. Many of the largest and most damaging cyber breaches have been caused by rogue or soon-to-be-departing employees. You should take steps to reduce the likelihood that a cyber breach will be caused by someone inside your office…. Read More »
Categories: Fraud PreventionProtecting Yourself from Cybercrime Dangers: A Backup Could Save Your Practice After a Cybercrime Incident
Every law firm has huge amounts of irreplaceable data on its servers, desktop computers, laptops, tablets and smartphones. A cybercrime incident such as a malware infection or the hacking of firm systems could result in the destruction or loss of firm data. Having a current and full backup of all firm data will be essential… Read More »
Categories: Fraud PreventionThe LAWPRO $250,000 cybercrime coverage: What it covers and why
As of the 2014 policy year, the LAWPRO mandatory insurance program will include express coverage in the amount of $250,000 for losses related to cybercrime, as defined in the policy. This sublimit (or cap) of coverage provides a modest “safety net” for lawyers in the area of cybercrime exposure. We say modest because like the… Read More »
Categories: Fraud Prevention, LAWPRO Errors and Omissions Coverage