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On Demand

Funds Transfer Fraud: How Can Your Firm Stay Protected?


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Categories:
Cybersecurity |  Insurance for Law Firms |  Solo and Small Firm Resources
Faculty:
Mark Bassingthwaighte, Esq. |  Tyler Adams
Duration:
60 minutes
Format:
Audio and Video
Original Program Date:
Nov 06, 2024
License:
Access for 3 month(s) after purchase.


Description

How do you protect against wire fraud? 

With all aspects of our lives going digital, a new type of internet crime has exploded in recent years. It’s called wire fraud, and U.S. businesses and consumers report $2.9B in losses annually.

ALPS is partnering with CertifID, a wire fraud protection company, to help your firm stay safe. Join this webinar to learn how you and your employees can reduce your risks and defend against loss. Tyler Adams, CEO of CertifID will join Mark Bassingthwaighte to cover:

  • An overview of wire fraud, how it happens, and the impact to victims

  • Expectations for client duty of care for any firm acting as a fiduciary

  • Preventative steps you can take in your practice

Credits



Faculty

Mark Bassingthwaighte, Esq.'s Profile

Mark Bassingthwaighte, Esq. Related Seminars and Products

Risk Manager

ALPS


Since 1998, Mark Bassingthwaighte, Esq., has been a Risk Manager with ALPS, the nation’s largest direct writer of lawyers’ malpractice insurance. In his tenure with our company, Mr. Bassingthwaighte has conducted over 1200 law firm risk management assessment visits, presented over 600 continuing legal education seminars throughout the United States, and written extensively on risk management, ethics, and technology. Mr. Bassingthwaighte is a member of the State Bar of Montana as well as the American Bar Association where he currently sits on the ABA Center for Professional Responsibility’s Conference Planning Committee. He received his J.D. from Drake University Law School.


Tyler Adams's Profile

Tyler Adams Related Seminars and Products

Co-founder & CEO

CERTIFID


Tyler Adams is the co-founder and CEO of CertifID, the nation's leading wire fraud protection solution. Since 2018, the company has secured $300B+ in transactions and recovered $75M+ in stolen funds. CertifID has been recognized by the American Business Awards for customer support; Great Places to Work, Built In, and Purpose Jobs for culture; and HousingWire and Inc. 5000 for innovation and growth. A subject matter expert in cybersecurity and fraud, Tyler is a member of YPO and a recent finalist for Best CEO by the Austin Business Journal. He has been featured in The Financial Times, Business Insider, Fox Business, HousingWire, and other publications.


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