• March 29, 2024
 Only 6% of Law Firms Are Protected Against Email Spoofing

Only 6% of Law Firms Are Protected Against Email Spoofing

Law firms are failing in their efforts to tackle the rising risk of cyber crime.

Even with £millions continuing to be fraudulently redirected, with the associated reputational impact and knock on effect on professional indemnity insurance premiums, most law firms have not implemented even the most basic cyber security measures.

The research has been undertaken by a leading provider of risk management tools to the legal sector, Lawyer Checker.

In a series of articles we’ll review how firms are failing to implement simple cyber strategies that will protect their business, protect client funds, and communicate a cyber journey to PI insurers.

Our first consideration was the implementation of the Government endorsed Cyber Essentials accreditation which, according to research, has been adopted by less than 10% of the sector.

In our second article we consider the risks associated with email modification and cloning.

Email modification fraud accounts for 72% of all cyber crime reports to the SRA. It is a real threat for all law firms.

In email modification fraud, a criminal will often change the email address in some subtle way and mimic the look and style of the correspondent to elicit a response.

Email spoofing is the cloning of an email address in its entirety. This is a very effective phishing method. The email does not appear in any sent box, the only time the owner of the email will be aware of anything untoward will be if the recipient responds directly.

In both cases, firms can be vigilant to mitigate their risk; it is advisable to introduce both technical and cultural competencies

Cultural competency might be training; making staff aware of the risks from fraudsters and to be vigilant to potential phishing emails.

Technical competencies might be the introduction of specialist software to help mitigate risk.

DMARC is a protocol recommended by the National Cyber Security Centre and prevents cyber criminal spoofing your email addresses and imitating a member of staff.

In a survey undertaken by leading cyber risk specialists Lawyer Checker, just 6% of firms had the DMARC protocol implemented leaving the majority firms at risk.

Find out if your firm is at risk… request a free spoof test from Lawyer Checker and find out more about OnDMARC, Lawyer Checker’s expert implementation of the protocol.

Start your cyber journey with Lawyer Checker today. OnDMARC can be implemented quickly and cost effectively in your business with a monthly subscription. Speak to us about our packages which provide a range of cyber security options.

For more information about our cyber risk products and services please contact us on 0800 133 7127.

This article was submitted to be published by Lawyer Checker as part of their advertising agreement with Today’s Wills and Probate. The views expressed in this article are those of the submitter and not those of Today’s Wills and Probate.

Lawyer Checker

http://www.lawyerchecker.co.uk

Lawyer Checker Provider of market-leading risk management solutions to the legal sector. Lawyer Checker is a leading provider of risk management solutions to the legal sector, offering a full inclusive suite of products and services which have one thing in common – they are all designed to protect and to promote your firm. Our expert understanding of the legal sector means that we are in a unique position to ensure that your business is protected from the main threats without delay. We are committed to being proactive when it comes to caring for our clients, and to getting them onto a platform where they are safer. What does Lawyer Checker do? Our suite of fraud prevention and cyber security products include: Thirdfort Thirdfort is the latest in Lawyer Checker's innovative suite of products helping to defend law firms against the persistent threats lurking in the legal sector, by providing enhanced due diligence to source of funds and ID checks. It uses a mobile app to digitally confirm a client's identity by combining facial recognition technology with document scanning and open banking, enabling you to confidently “Know Your Customer." Find out more > Account and Entity Screen (AES) AES provides your firm with enhanced risk management when transferring funds by checking the accounts details of a solicitor you are sending funds to against our unique database. This ensures your client funds are sent to a legitimate bank account associated with the vendor’s conveyancing firm. Find out more > Consumer Bank Account Checker (CBAC) CBAC offers enhanced due diligence when remitting sales proceeds and balancing payments to consumers. It works by validating the source and destination of funds by checking the bank account details match your client’s personal details when sending or receiving client funds. Find out more > OnDMARC A vital layer in protecting against email modification fraud, OnDMARC can actively block phishing attacks and obstruct 3rd parties impersonating your email domain to any recipient such as your clients, suppliers or employees. Email fraud is a law firm’s biggest risk. To avoid sensitive data being stolen through email impersonation fraud, safeguard your firm by implementing OnDMARC, otherwise anyone can send an email directly to your customers, suppliers or employees pretending to be you. Find out more > Cyber Certifications The National Centre for Cyber Security has identified the legal sector as a top target for cyber criminals. The sensitive data, large sums of money and important information that is held needs protecting to avoid severe damage to clients and your reputation. Cyber Essentials Cyber Essentials is a ‘must have’ certification for law firms which will protect your business, prevents data breaches and highlights to your customers, your regulators, the ICO and cyber criminals that you take cyber security seriously and shows you have taken the recommended steps to secure yourselves from potential threats. Getting Cyber Essentials certification for your firm is quick and easy, our in-house expert Cyber Essentials Assessors at Lawyer Checker (Part of Practical Vision Network) can conduct your online assessment and issue your certificate in less than 48hrs. For only £350 plus VAT it will give you peace of mind that you have shielded your law firm from cyber risk. Cyber Essentials Plus Our professional in-house assessors can issue official certificates to compliant firms for Cyber Essentials Plus, which is the next step up from Cyber Essentials. It covers the same controls but this time it is independently verified by a site visit from our expert assessor who will carry out a thorough inspection of online devices and web hosts through a detailed network vulnerability scan and certify your security arrangements to Cyber Essentials Plus level. IASME Governance Our expert in-house assessors can issue official certificates to compliant firms for IASME which includes Cyber Essentials certification along with a GDPR readiness assessment. It signifies to your customers and shareholders that you consider data protection a priority, and your desire to manage risk by demonstrating a high level of security. This certification is particularly suitable for businesses that are working towards ISO27001 and want a stepping stone, or for those that want to align to ISO27001 but perhaps don’t have the budget to go to a full certification. ISO 27001 Our expert in-house consultants will help your firm prepare for ISO 27001 certification audits. It is internationally recognised as the most comprehensive and detailed accreditation to help embed a healthy security culture within your business. The consultation focuses on all business areas and not just the IT department. Our execution experts can work with you to implement ISO27001 in a way that works for your business and can provide as much or as little support as you need from project plans, document templates to full implementation. Our professional assessors can even help you to book and prepare for your certification audits. To safeguard your business, use Lawyer Checker’s comprehensive products and services to arm you and your law firm with the right tools and information to be able to obtain the assurances you need to act in the best interests of your clients. Key contacts: Heidi Jenkins Key Relationship Manager at the Practical Vision Network including Lawyer Checker, Solve Legal Marketing and The Move Exchange. M: 0330 052 7588 E: heidi.jenkins@practicalvision.co.uk Mark Siwiec Business Development Manager (Cyber) at the Practical Vision Network including Lawyer Checker, Solve Legal Marketing and The Move Exchange. M: 03300529150 E: mark.siwiec@practicalvision.co.uk Address Suite 4, Wright House, 67 High Street, Tarporley, Cheshire, CW6 0DP