Latest News

HMRC highlights money-laundering breaches and penalties

18 September 2019

HMRC’s list of business penalised for breaches of money laundering regulations has been updated. The businesses, which include financial services companies and estate agents, are listed on the gov.uk website detailing breaches that occurred in the 2019-2020 tax year. Read More...

A sound but uncertain market

18 September 2019

The average price of a property arriving on the market has dropped by 0.2 per cent this month, according to market data from Rightmove. This small dip comes at a time that normally sees the first signs of an Autumn recovery and is the first price fall recorded in September since 2010. Read More...

NAEA Propertymark supports air pollution disclosure

18 September 2019

Estate agents have been encouraged to routinely disclose air pollution figures to home buyers. Read More...

Propertymark supports Gas Safety Week 2019

12 September 2019

Propertymark has pledged its support for Gas Safety Week, taking place 16 -22 September 2019, and will be raising awareness about the importance of gas safety to its members and the public. Read More...

Propertymark members can now connect to big benefits

11 September 2019

Propertymark has joined forces with BHSF Connect to bring Propertymark members even bigger benefits at the touch of a button with a new app, bringing membership resources and benefits directly to your phone. Read More...

Fighting cyber crime

Tuesday 21 May 2019

Estate agents need to adapt to the ever present and increasing threat that comes from unscrupulous hackers and online criminals.

While there are many things that you can do to try to prevent such attacks, they are becoming increasingly sophisticated and so both you and your business need protection to avoid these attacks and to help you should the unthinkable happen.

1. Identify the threats

Cyber criminals are always looking for opportunities to invade privacy and steal data. Basic threats like unauthorized access to your computer should be tackled immediately before the business suffers any loss of information.

2. Beware of cybercrimes

Be wary of cyber criminals and expect an attack. This will allow you to ensure that your corporation is covered at all times with the necessary strategies and plans.

3. Keep an eye on employees

Keep employees motivated and discourage them from leaking out crucial information. Try to make them more loyal to the company. Check on how passwords are being used and keep the passwords safe from unauthorized personnel.

4. Use two-factor authentication

Encourage all employees to use two-factor authentication as it increases security by adding an additional step for accessing accounts.

5. Conduct audits on a regular basis

Have an audit performed by cyber security consultants who are experts at protecting your data.

6. Ensure a strong sign-off policy

Develop a strong sign-off policy for all employees. It should ensure that all employees return laptops and mobile devices before they leave the premises.

7. Protect the important data

Data which is vulnerable and can be targeted by hackers should be protected first.

8. Carry out risk assessments

Ideally, there should be a separate department within the company that is dedicated to minimizing the risk of data loss although clearly this isn’t always practical. Risk management is one of the key factors that contributes towards the growth of a company.

9. Insure against cyber crime

There are many companies that offer insurance policies against cybercrimes and attackers. This can prove to be a good investment for your company as it covers all the risks and threats that arise because of hackers and viruses.

10. Have in-depth knowledge about risk factors

The more knowledge you have about the risks involved in the business the better security measures you will be able to take for the company. Plan systematic audits for the company in order to keep it clean from all sorts of viruses and build a detailed overview of the rules and regulations that all employees have to follow to ensure the safety of the business.