In an increasingly digital world, conveyancing firms are navigating a rising tide of cyber threats. The sensitive nature of client data handled by these firms makes them attractive targets for cybercriminals. Alarming statistics reveal that:
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- In Australia, 1 in 4 law firms have experienced cyber incidents in the last 2 years (Cyber Daily)
- 36% of small U.S. law firms have suffered security breaches (American Bar Association)
- In the UK, 65% of law firms report being victims of cyber incidents (The Law Society)
With phishing, identity theft, and ransomware attacks becoming more prevalent, safeguarding your firm’s digital infrastructure is not just an IT concern but a business-critical necessity.
The impact of cyber incidents
Cyber-attacks can have devastating consequences for conveyancing firms, including:
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- Reputational damage: Loss of client trust can be difficult to rebuild.
- Operational disruption: Downtime due to compromised systems leads to delays and loss of productivity.
- Financial losses: Recovery efforts, fines for non-compliance, and potential lawsuits add to the burden.
Protect your firm against cyber threats
To help protect your firm from cyber threats, we’ve created a Cybersecurity Checklist for Conveyancing Firms. This practical guide outlines essential measures to safeguard your systems, clients, and reputation.
Below you can view or save the Cybersecurity Checklist for Conveyancing Firms.
How to use the checklist
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- Review your current security measures: Compare your practices with the checklist to identify gaps.
- Train your team: Empower staff to recognise and prevent cyber threats.
- Implement safeguards: Prioritise actions like enabling two-factor authentication and securing your network.
- Regularly assess and update your plan: Cyber threats evolve, and so should your defences.
Cybersecurity is not just an IT responsibility; it’s an integral part of running a successful conveyancing firm in today’s digital age. By implementing proactive measures, you can reduce risks and ensure your clients’ trust and data remain intact.
Take action today to secure your firm. Download the Cybersecurity Checklist and start building resilience against cyber threats.
Important update
triConvey users will be required to enable Two-Factor Authentication (2FA) to access their accounts by May 1st. This mandatory change enhances security for client data and firm operations.
Click here for 2FA setup instructions.