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Best Practices for Law Firms to Meet Cybersecurity Requirements of Inside Counsel

BY Jason Straight
April 02, 2015

Whether or not your clients have suffered a data breach, cybersecurity is undoubtedly a critical concern. Many of your clients are actively searching for and plugging any gaps in their security. They may wisely be investing in pre-breach risk assessment services to identify data that is most vulnerable and valuable to thieves once they get inside, adding multiple layers of protection around it and establishing a concrete action plan to minimize any damages and exposure. And if your clients haven't done so already, they're going to focus their attention on what could potentially be an Achilles Heel for them ' their law firms.

In late 2013, while the world was still reeling from the magnitude of the Target and Neiman Marcus data breaches, McKenna, Long & Aldridge, a top-100 international law firm, was breached. It nearly escaped all notice by the media ' perhaps because it was only a law firm and not a giant, national retail chain, or because the thieves only made off with the W-2 and other financial information of the firm's past and present employees. But had the attackers persisted undetected, who knows what kinds of treasures they might have found? The firm is not alone: In 2011, Mandiant reported that at least 80 top firms had suffered breaches, and the American Bar Association's 2013 Technology Survey reported that 15.2% of all firms acknowledged that they had suffered a security breach.

Hackers know that law firms are a bountiful target, with large volumes of highly sensitive data and privileged information from Fortune 1000 companies that could be sold or used for profit. This information includes trade secrets, M&A or IPO details, litigation strategy, intellectual property, personal and financial information, and more. They also know that most law firms lack the sophisticated IT security of their clients, making them 'soft targets.'

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