Many courts view the misappropriation of client funds as one of the most serious forms of professional misconduct. While many attorneys would prefer to direct most of their focus to their performance in the courtroom, serious consequences can result from accounting mistakes and inaccuracies, even when there has been no intent to deceive or defraud a client.
Attorneys are held to a high
Texting can help facilitate scheduling, reminders and quick communications, while also giving clients a positive impression that you’re friendly, accessible and committed to providing the best legal representation.
However, texting clients may pose a substantial exposure for attorneys. If you text with your clients, it is important to consider these four factors to manage your risk:
According to communication studies, 95% of texts
The importance of multi-factor authentication and password security is critical. Often, it is your best line of defense for protecting all your data, devices and systems from unauthorized access. Unfortunately, many don’t take password security seriously, which makes them especially vulnerable to hackers.
Good password security can help protect you from data breaches, network intrusions, malware and viruses. It can also minimize your
News about the outbreak and spread of Covid-19 dominated headlines in 2020. Yet for many law firms, Covid-19 has not been the only kind of virus threatening their businesses. In the past year, there has been a massive surge in ransomware attacks targeting law firms and their computer systems.
Ransomware attacks have created a cyber crime epidemic, costing law firms hundreds of millions
Business owners must strike a careful balance between maintaining easy access to digital files and safeguarding the business’s confidential data. Hackers are becoming more and more sophisticated, which means it’s more important than ever to use secure passwords for all your files and devices.
To stay safe, your business’s password security must evolve to keep pace with advancing risks. Make sure you understand
Cyber attacks are common and damaging for businesses. Yet many businesses do not have a sufficient cyber attack response plan of what to do in the event of a cyber attack. Even with the increasing frequency and cost of cyber incidents, as many as 34% of businesses don’t have a formal response plan applied uniformly across their entire
Law firms and lawyers face risks from doing business online every day. Email communications, digital files, privileged client and business records and sensitive financial transaction information are all attractive to hackers. To stay safe online, it’s important to know the risks, minimize exposure and protect against potential impacts. Here are the top four cyber risks faced by law firms in 2020.
More and more, scammers are targeting lawyers by sending forged emails to law firms, clients and financial institutions. The scam typically involves a compromised email account, which can be the lawyer’s, the client’s or even the bank’s. Scammers monitor the account to uncover pending transactions, such as a real estate purchase, a loan or the settlement of a lawsuit.
At the appropriate time
At Lockton Affinity, we custom tailor, implement and manage insurance solutions for a wide variety of industries. Along with customized insurance programs, we provide risk management resources, too.
Find your industry below to browse risk management tips that apply to you and your organization.
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In today’s technology-driven economy, companies across all industries store large amount of their clients’ information. Personally Identifiable Information (PII) is extremely valuable for cyber terrorists, and without the proper protection, businesses are prime target for cyber terrorists.
While stories of cyber-attacks in the news focus on large corporation hacks like Target and Equifax, small businesses are attacked every day.