We are delighted to be joining forces with Lawyer Checker to provide property conveyancing professionals with useful insights on how to enhance due diligence and help mitigating cyber-crime risks, as part of a free webinar on 24th March 2022.
UK Finance reported a significant 30% increase in Authorised Push Payment (APP) frauds in 2021, taking the total of fraudulently stolen funds to £753.9 million. In addition, the Solicitors Regulation Authority reported a 125% risk in the number of scam alerts, demonstrating a worrying trend for the conveyancing community.
With the high value and volume of transactions, the residential property sector is already at an elevated risk of cyber-crime and therefore the free webinar from Ochresoft and Lawyer Checker will explore the ways that conveyancers can enhance due diligence, particularly in relation to transferring funds.
With a historic track record of fund transfer verification, Lawyer Checker is unrivalled in the market, having completed well over one million Account & Entity Screen searches. Combined with Ochresoft’s Intelliworks workflow solution, conveyancers have the tools needed to help guide your day-to-day process, as part of your overall transactional risk management strategy.
Managing Director, Rob Gurney, said: “Fraud and cyber crime is a very real and current threat to law firms today. Ochresoft has been working closely with Lawyer Checker for some time to provide conveyancers with an additional way to mitigate cyber-crime risks and offer wider peace of mind to end-customers regarding data security practices.
“We encourage conveyancing professionals to join our free webinar, where we will explore a number of recent case studies and offer guidance on the steps that can be taken to automatically integrate enhanced due diligence into existing workflow processes.”
The free webinar is taking place on Thursday 24th March at 12.30pm. Register here today.