The Canadian Lawyers Insurance Association (CLIA) has released a new post on their Not So Risky Business Blog titled Hacked Email Fraud Alert. In this example, a hacked email from a lawyer in the firm provided instructions for funds to be paid to a bank in another jurisdiction rather than the local financial institution.

This type of fraud has been seen before but it’s a good reminder on how easily it can happen if proper protocol isn’t followed.

You can subscribe to CLIA’s Not So Risky Business Blog to receive fraud alerts and loss prevention tips directly to your inbox.

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• Funds Transfer Frauds: A Scary New Twist by the Lawyers Indemnity Fund
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