Lawsuit claims hackers swiped law firm client's cash in email scam [Reuters]
JP Morgan Chase & Co. (JPM)
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Source: Reuters
Sinacom North America Detroit-founded Clark Hill and member Steven Richman earlier this week in Pennsylvania state court for being "duped by an obvious scam" and allegedly transferring money to a bank account that did not belong to Sinacom after an unknown third-party gave the firm fake wire transfer instructions. Clark Hill in a statement said it will fight the claims. Richman did not immediately respond to a request for comment. Law firms and other legal services providers hold sensitive, confidential information from clients and their own businesses and have increasingly been targeted by cyberattacks. Attention has mainly focused on the risk of hackers pilfering data from law firms for ransom or to or details or other corporate secrets. The Clark Hill case is among a small but growing handful of lawsuits over what appears to be a rarer tactic: bad actors inserting themselves directly into a money transfer by a law firm, its client or another party. King of Prussia-based Si
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