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Law Firms and Cyber Security
One hundred years ago, the 'unsinkable' Titanic steamed headlong in the dark into a largely unseen iceberg floating in the North Atlantic shipping lanes, resulting in one of the most infamous commercial disasters in history. Just as those responsible for the Titanic were lulled into a false sense of confidence in the vessel's impenetrability, many law firms today similarly steam along with a false sense of security that the cybercrime lurking in today's electronic channels of commerce does not pose a potentially critical threat. Taking a lesson from history, firms would be well-served by a blunt assessment of the cyber security risks that surround them and whether course corrections could avert a modern-day commercial disaster.
Law Firms at Risk
In fact, in the evolving world of cybercrime, hackers, their targets, and the methods they employ are changing in ways that put law firms and other professional service providers increasingly at risk. Firms that previously took comfort in the relative absence of exploits targeting the legal industry do so today with the same misplaced confidence that doomed the Titanic. Firms are on the new frontier of cybercrime, and the prudent ones will acknowledge and prepare for this growing risk.
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