How Law Firms Can Increase Their Online Banking Safety
Many law firms manage their trust and regular bank accounts on the Internet, and some firms have the ability to initiate various banking transactions online, including account transfers and wiring funds. While the convenience and efficiency of online banking are huge benefits, the downside is that online banking exposes you to security risks. The steps outlined below will help law firms to understand, address and reduce online banking risks – for both your firm and personal accounts.
Know and understand the terms of your banking agreements: As a starting point, carefully read your bank account and electronic banking services agreements. . . . [more]
