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With technology becoming increasingly sophisticated and email now being the usual method of communication in the corporate environment, cybercrime is on the increase.
Many companies have suffered substantial losses as result of sophisticated email scams, such as the so called “CEO fraud phishing scams”, which involves the fraudster posing as the CEO or another senior staff member of a company, either by hacking into their email account or creating a very similar email address to impersonate them. The fraudster then contacts an actual staff member of the company and instructs them to transfer funds into an account in a different jurisdiction as part of an urgent business transaction.
Banks have also become targets, with tech savvy fraudsters using sophisticated software to trick bank staff into believing that they are communicating with a customer and convincing them to transfer funds.
Our cybercrime lawyers are very experienced in this field. Whether you are looking to mitigate risks associated with cybercrime as a precaution or have found yourself affected by such cases, we are here to help.
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