Law firms and their clients continue to make national headlines as the number one target for cyber criminals, with new research from chartered accountancy firm Hazlewoods finding that from November 2015 to April 2016, a total of £2.53 million was transferred to cyber criminals by lawyers who were conned into sending client funds to a fraudulent account.
Compensation fund pays out nearly £50m in a year, accounts reveal
The demise of Axiom Ince is expected to drain the compensation fund of £39.1m once all claims are paid, according