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<b><i>Online Extra:</b></i> Dozens of Big Firms Targeted by Hacker Seeking M&A Info

BY Nell Gluckman
March 31, 2016

For several years law firms have been a key target for hackers seeking to obtain confidential information about initial public offerings, intellectual property and M&A deals, claim cybersecurity consultants, but rarely does word about specific attacks become public.

On March 29,'Crain's Chicago Business reported'that 48 top firms, most of which appear in the Am Law 100 rankings, were targeted recently by a Russian hacker living in Ukraine seeking to trade on M&A information stolen from law firms.

According to Crain's, a cybercriminal named 'Oleras' shared a plan to hack those firms on a cybercriminal forum in an attempt to solicit help from other hackers. The hacker named firms such as Akin Gump Strauss Hauer & Feld, Kirkland & Ellis, Sidley Austin and Sullivan & Cromwell as potential targets, according to the report.

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