The Solicitors Regulation Authority’s new Risk Outlook report shows that email remains a significant vulnerability for law firms, involved in more than four out of five of all reported cybercrime incidents. The report outlines new threats as criminals look to exploit new technology. It shows that 83 per cent of cybercrimes reported in 2021 involved email…
Victorian warning on lawyers involvement in crowdfunding activities
Lawyers in the state of Victoria have been warned about their public conduct. Fiona McLeay’s December 2021 report sets out the importance of balance between access to justice and acting in a client’s best interests. The report reminds lawyers to think carefully before advising communities to pursue cases which will likely not be successful in…
The Solicitors Regulation Authority of England and Wales annual compliance officers conference goes hybrid
This key annual conference attracted 600 people to the face-to-face event, followed by more than 33,000 views of virtual sessions the following week. The programme covered topics including: Money laundering The SQE and what it means for your firm Innovation and technology – how can technology help firms spot risks and comply with regulatory obligations…
SRA Review on Cybersecurity
The Solicitors Regulation Authority of England and Wales have published a review of cybersecurity and its relevance to law firms. Looking at how firms handle sensitive client data, and what risks are presented in the forms of cyberattacks. As well as the general ongoing importance of awareness of digital security in the industry, the report…
Focus on…cyber attacks
Cybercrime is now considered one of the leading risks to the global economy. Data is the world’s new natural resource. It is the new basis of competitive advantage, and it is transforming every profession and industry. Despite the lessons of the so-called ‘Panama Papers’ scandal of 2016, law firms continue to be soft targets for…