Think the biggest cybersecurity threat to your business comes from hackers outside the building? Think again.

In this week’s Cut to the Chase: Podcast, Gregg welcomes Jason Costain, Founder of Javloc and former Head of Fraud Prevention at a major UK bank, to explore the hidden cybersecurity risks facing law firms and small businesses today.

Jason explains modern cybersecurity in simple terms, covering everything from internal fraud and employee mistakes to new tools like biometric ID and AI. Discover why law firms need more than just basic IT security to protect client money, how to be ready with quick response plans, and why adding extra security steps can actually keep you safer.

Whether you work in law or business, this episode gives clear, practical tips to help protect your business from today’s cyber threats.

What to expect in this episode:
– Insider Threats Are Rising: Why internal errors and employee apathy can be as damaging as outside hackers
– What Law Firms Can Learn from UK Banks: How hundreds of millions in proactive scam prevention changed the game
– Beyond Insurance: Why traditional cyber coverage often falls short after a breach
– The Future of Fraud Defense: Biometric authentication, AI tools, and separating real security from tech hype
– Crypto Is the New Frontier: Why law firms must understand the risks and fraud patterns in the digital asset space
– Breaking the “Happy Path” Myth: Why most systems aren’t built for fraud—and what happens when customer service fails
– Real Breach Recovery Tactics: What actually helps clients recover funds—and where U.S. firms fall behind
– Why Friction Matters: How intentionally slowing down high-risk transactions can actually prevent major losses

Key Actionable Takeaways:
– Audit Internally, Not Just Externally: Internal errors or fraud can be just as costly as external attacks—review financial processes and approval workflows regularly.
– Push Vendors for More: Demand biometric authentication and real-time AI fraud tools from banks and payment platforms—legacy systems leave you exposed.
– Be Prepared for Breaches: Have a rapid-response plan ready for compromised client funds—waiting until disaster strikes is too late.
– Add Smart Friction: Introduce additional steps for large or unusual transactions—slowing things down when it matters most can prevent catastrophic losses.

Stay tuned for more updates, and don’t miss our next deep dive on Cut to The Chase: Podcast with Gregg Goldfarb!

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Resources:
– Check out Javloc: https://www.javloc.com
– Connect with Jason on LinkedIn: https://www.linkedin.com/in/jason-costain-b529746

This episode was produced and brought to you by Reignite Media.

Gregg M. Goldfarb, LLP is a Miami-based law firm representing individuals who are injured through the fault of others. With more than 30 years of experience, Gregg delivers personalized, compassionate legal representation to people who are at their most vulnerable. He focuses on your needs and uses extensive knowledge and experience to help you pursue compensation for your injuries.