29-06-2018 11:24 AM
Lawcover have provided reassurance to their customers regarding email impersonation fraud, please find below their full pdf.
"The recent email fraud incident identified by PEXA has caused a number of lawyers to contact Lawcover to understand their insurance coverage.
The email fraud referred to has been a risk for some time and is one about which Lawcover has repeatedly warned law practices to be aware. Our message remains the same irrespective of the method of funds transfer – be aware and prepared for the risks of email impersonation fraud and follow steps to protect yourself from becoming a victim or an unwitting participant in a fraudulent activity.
While individual matters will of course depend on the facts of the case and the terms and conditions of the relevant policy, the following should provide some reassurance about the extent of your insurance coverage as a Lawcover insured. "
30-06-2018 11:04 AM