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Risk Management & Claims Prevention

LinkedIn password breach reported – change your LinkedIn password immediately [Updated]

fraud-prevention

A post on the TheNextWeb site indicates that a Norweigan IT webite, Dagens IT reported the breach. That site indicates that 6.5 million encrypted LinkedIn passwords have been posted to a Russian hacker site. LinkedIn has responded that they are looking into the breach. To be safe, LinkedIn users should change their passwords immediately. For… Read More »

Categories: Fraud Prevention, Technology

Avoiding common communication errors in corporate/commercial law

communication-errors

Over the last ten years, corporate/commercial-related claims (including bankruptcy, tax, and securities-related claims) averaged 14 per cent of LAWPRO’s claims count (279 claims per year), and 23 per cent of our claims costs ($14.9 million per year). While there has been some fluctuation, the number of claims in this area has remained consistent over this… Read More »

Categories: Communication Errors, Corporate Law

Huge collection of fake IDs, documents and cheques given to lawyers by fraudsters

fraud-prevention

Fraud attempts against lawyers can involve a great deal of counterfeit documentation, starting with the initial client ID (passports, licenses), various agreements, loan documents and bank statements, and ending with the cheque that finally arrives at the lawyer’s office. When we add posts about a fraud to the AvoidAClaim blog, we also provide images of… Read More »

Categories: Fraud Prevention

The red flags of an email scam

fraud-prevention

Many email scams are obvious due to poor spelling, bad grammar and/or completely untenable fact circumstances (e.g., multi-million dollar lottery wins or inheritances). However, some of the email-based frauds LAWPRO is seeing are extremely sophisticated and look like completely legitimate legal matters. The more sophisticated frauds have temporarily fooled new and experienced lawyers into working… Read More »

Categories: Fraud Prevention
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