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As 2017 came to a close, the American Bar Association opened the next chapter in cybersecurity awareness with the release of the second edition of its ABA Cybersecurity Handbook: A Resource for Attorneys, Law Firms and Business Professionals. The new edition comes nearly five years since the first edition made its rounds.
Following the 2012 formation of the ABA Cybersecurity Legal Task Force, the first edition of the handbook was a brave move to enlighten both attorneys and law firms to cyber risk, and the evolving interpretation of professional obligations to protect clients' confidentiality as the playing field moved from physical records to easily pilfered electronic documents. At the time, the FBI advised law firms about shoring up cyber defenses, as criminals considered law firms “the soft underbelly of American cyber security.”
At the time, I was working with law firms to expose the risks associated with the types of information they controlled. Of course, five years ago, most public coverage circled around major banks, based on the Willie Sutton quote about robbing banks “because that's where the money is.” At the time, several financial regulators were swinging their “Eye of Sauron” toward the elements of their sector they deemed most vulnerable. As a result, we've seen half a decade of cyber sweeps, recommendations, and requirements through the Security Exchange Commission (SEC) and other financial regulators.
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