Not Safe at Any Speed: Cybersecurity, Wire Fraud, and Escrow Liability - Training Only

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Description

Learn about technology problems, especially email and wire transfers, and your duty under the Rules of Professional Responsibility. Training Only, No CLE

Description

No CLE - Traning Only

Co-sponsored by Advocus, and ISBA Mutual Insurance Company

Join speakers Michael Patrick Hannigan and Brian Olson as they explain why technology, especially email and wire transfers, has created many problems for today's attorney. Learn the duties you have to your clients under the Rules of Professional Responsibility to safeguard their private information and the funds they have entrusted to your escrow account. In their presentation, Mr. Hannigan and Mr. Olson will address:

How clients' money entrusted to lawyers gets stolen;
Why clients' money is being targeted and why the real estate industry remains vulnerable and a primary target;
What a lawyer's duties are under the law to secure clients' funds and advise them accordingly;
The "undefined" standard of care for reasonably protecting and advising clients. (Who will be the ones to define what security protocol is "reasonably safe"?); and
What a lawyer is exposed to for using a fallible system and not taking adequate precautions to protect closing and escrow funds.

Speakers:

Michael Patrick Hannigan, Partner, Konicek & Dillon, P.C., Geneva, Illinois
Brian Olson, Director of Member Services, ISBA Mutual Insurance Company, Chicago

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Not Safe at Any Speed: Cybersecurity, Wire Fraud, and Escrow Liability - Training Only

Description

Learn about technology problems, especially email and wire transfers, and your duty under the Rules of Professional Responsibility. Training Only, No CLE

No CLE - Traning Only

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