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<b><i>Online Extra</b></i><br> Law Firms, Legal Departments Predicted to Focus More on IT Risk

By Ed Silverstein
September 02, 2017

Legal departments and law firms are likely to continue to focus more on information technology risk, given a recent projection that global spending on information security services and products will continue to rise.

According to a recent Gartner study, overall global spending in the sector will total $86.4 billion this year, an increase of 7% over last year. Similarly, spending is predicted to jump to $93 billion in 2018, the study said.

“Gartner's latest report about increased spending on security comes as no surprise, given the increase in data breaches, ransomware and the introduction of GDPR [the General Data Protection Regulation] in 2018,” Darren R. Hayes, a professor at Pace University, told our ALM sibling Legaltech News.

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