The recent hack on the legal MSP CTS is having far reaching consequences, not just for the unfortunate clients caught in completion chains.

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The recent hack on the legal MSP CTS is having far reaching consequences, not just for the unfortunate clients caught in completion chains. Conveyancers could be restricted or suspended from services by lenders.

“It’s galling,” said a spokesperson from another affected firm. “I don’t understand the thinking; we aren’t compromised. We’ve done checks on our bank account logins and verified all our transactions to ensure that no money has been affected. The money in our client account is secure and all our passwords have been changed.”

“Despite how hard affected firms are working, we could have the rug pulled from under our feet by pulling funding. This could get a lot worse for home movers”

Supply chain hacks can have far reaching effects up, down, left and right of value chains.

Ted Dziekanowski Brian D. McCarthy

#cybersecurity #cyberriskmanagement #cyberattack

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