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Law Firms at a Crossroads: The New Paths to Safeguarding Data as Attacks Ramp Up

By Brian Lapidus and Keith Wojcieszek
October 01, 2018

Given the volume, depth of detail and uniqueness of the data they hold, law firms have emerged as prime targets for criminal networks. This comes as no surprise to most legal professionals and law firms who recognize the threat and have taken various steps to strengthen their defenses.

For example, the 2017/2018 Kroll-Legal Week Cyber Report found that more general counsel are taking a larger management role around cybersecurity issues: 45% said their role has expanded in the area of planning, 40% monitoring, 37% reporting and 43% responding to a cyber incident. From another perspective, a survey of 200 U.S. law firms last October revealed that 41% were planning to increase spending on cybersecurity tools and services in the next 12 months.

Yet, despite greater attention and increased spending, significant data breaches at law firms of all sizes continue to make news. From our investigative experience and what we know from global law enforcement agencies, law firms are being targeted by mainly a few tiers of cyber criminals. They range from ultra-sophisticated, well-backed criminal enterprises after specific high-value data to thieves looking for the easy win at firms with lax security.

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