• Sectors we work in banner(2)

    Quick Reads

Home buyers and sellers hit by cyber-attack

There has been widespread media coverage about the recent CTS cyber-security incident which has reportedly affected around 80 conveyancing firms causing delays to some transactions.  CTS is a UK based provider of managed IT services for law firms and other professional services firms and it confirmed last week that it was experiencing a ‘service outage’ resulting from an unspecified cyber-incident.  The situation is ongoing and the statement on the CTS website has not changed since last Friday (see Update on Service Outage | CTS).  

Our clients are not directly affected because our firm does not use their systems.  However, we are checking the position on all of our matters to find out whether other solicitors or lenders involved in transactions are affected.  Some of the affected firms do not have access to emails, phones or case management systems and so cannot exchange or complete.  Other firms have reported that they can access emails and may be able find workarounds to allow transactions to progress.  

The story has been widely reported and was featured in the Telegraph today and by BBC News yesterday and there is understandable concern about this situation.  This is a stressful time for any buyers and sellers that are affected, whether directly or as a result of another transaction in the chain, and it is important for all professional advisors to work together collaboratively and constructively to ensure that transactions can progress.  

Property buyers have said their home completions are being left in limbo after a company providing IT services to law firms was hit by a cyber-incident

Our thinking

  • What You Need to Know About International Family Law

    William Longrigg

    Events

  • The Financial Times quotes Sangna Chauhan on the impact of the abolition of UK non-dom status on her workload

    Sangna Chauhan

    In the Press

  • Budget 2024 and its impact on IHT and estates

    Harriet Betteridge

    Podcasts

  • Charles Russell Speechlys finds that over half of Gen Z say the Bank of Mum and Dad comes with strings attached

    Sally Ashford

    News

  • The Financial Times reports on our independent survey of Gen Z adults and quotes Sally Ashford on the influence of the Bank of Mum and Dad and potential strings attached

    Sally Ashford

    In the Press

  • The Independent quotes Dominic Lawrance on the ‘watering down’ of Labour’s non-dom tax reforms

    Dominic Lawrance

    In the Press

  • Jenny from (her agreed share of) the Block: Jennifer Lopez and Ben Affleck’s mediation settlement

    Sarah Anticoni

    Quick Reads

  • Charles Russell Speechlys appoints two new Of Counsel in Paris

    Frédéric Jeannin

    News

  • They think it’s all over … it is now! Are the changes to non-dom status an own goal against our footballers?

    Joshua Green

    Quick Reads

  • The Financial Times quotes Sally Ashford on predatory marriage and claims against wills

    Sally Ashford

    In the Press

  • The Importance of Pre and Post Nuptial Agreements: Research reveals only one in ten couples have an agreement

    Miranda Fisher

    Quick Reads

  • Policy; Private Capital & Digital Transformation: What to look for in the Investors & Entrepreneurs’ space in 2025

    Mike Barrington

    Insights

  • The Law Society Gazette and eprivateclient quote Sarah Jane Boon on 'Divorce Day'

    Sarah Jane Boon

    In the Press

  • BBC Radio Surrey interviews Shona Alexander on ‘Divorce Day’

    Shona Alexander

    In the Press

  • Charles Russell Speechlys continues to develop its Financial Services and Funds practice with the appointment of Racheal Muldoon

    David Collins

    News

  • Charles Russell Speechlys strategically enhances its European operations with the arrival of new Partner Aline Wey Speirs in Switzerland

    Aline Wey Speirs

    News

  • Balancing privacy and accountability: a new era for Family Justice

    Charlotte Posnansky

    Quick Reads

  • Law Commission publish their scoping report on financial remedies on divorce - reform is needed

    Jemimah Fleet

    Quick Reads

  • The Times quotes William Marriott and Lauren Fraser on the impact of Land Registry on property transactions

    William Marriott

    In the Press

  • Under my umbr-ETA, ESTA, eh eh… FAO: international visitors to UK from 8 January 2025 – avoid rain and flight anxiety

    Paul McCarthy

    Quick Reads

Back to top