Brendan Burgess
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An interesting article in the Irish Independent.
Home buyers stand to lose thousands in new cyberattack
During the final stages of a property purchase or sale, they inform potential victims by email that certain bank account details have changed.
They then instruct that payments be moved to a different account, allowing the criminals secure control over deposits.
A solicitor's own email may be hacked or impersonated, so clients are directed to send money to accounts other than the solicitor's client account.
So if you are paying a deposit to a solicitor, you should probably send a test €1 first and then get telephone confirmation that it has come through.
Home buyers stand to lose thousands in new cyberattack
During the final stages of a property purchase or sale, they inform potential victims by email that certain bank account details have changed.
They then instruct that payments be moved to a different account, allowing the criminals secure control over deposits.
A solicitor's own email may be hacked or impersonated, so clients are directed to send money to accounts other than the solicitor's client account.
So if you are paying a deposit to a solicitor, you should probably send a test €1 first and then get telephone confirmation that it has come through.