Latest News

UK agents come together to set direction of travel for Propertymark

14 June 2019

The Propertymark Annual General Meeting (AGM) took place on 14 June at the St Martins Lane Hotel, London, attended by a small group of members, some of whom had travelled from across the country. The Annual Report and Accounts had been shared with members earlier in the month and voting for board and presidential roles had been going on for several weeks. Read More...

The summer of change for letting and estate agents

14 June 2019

Lloyd Clarke, Partner at Attwells Solicitors writes for Propertymark and discusses the expansion of National Trading Standards and how this impacts the estate and letting agency sector. Read More...

Report finds that landlords abuse holiday let contracts to evade tenants’ rights

13 June 2019

According to a new report, landlords and agents in Scotland are exploiting Airbnb-style holiday let contracts to avoid long-term tenancies and evade their responsibilities to tenants. Read More...

Propertymark acts to protect the legitimate business interests of its members

11 June 2019

With a possible breach of the Tenant Fees Act 2019 and Consumer Rights Act 2015 by an aggregator portal, placebuzz.com, Propertymark investigated to protect its members from liability, and importantly, protect consumer rights. Read More...

Lessons from Grenfell – improving safety and looking after residents

10 June 2019

The Government seeks to bring forward new legislation to keep residents’ safe and is inviting views on a new building safety regime, as well as launching a new home ownership scheme specific for residents of Grenfell. Read More...

How to fight 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.