It’s no secret that the legal industry is now recognized as one of the biggest targets for cybercriminals today. Clients trust you with their private information and believe that you will keep it safe. In a PwC report entitled, Safeguarding Your Firm From Cyber Attacks, they note, “Privacy and confidentiality are bedrock qualities for law firms. The theft of client information could be devastating to a firm’s reputation, which is their most important asset.”
As more attacks are being perpetrated against law firms, it’s time to take a serious look at your cybersecurity strategic plan. Is your firm prepared to withstand an attack?
It is important to understand that attacks can come from anywhere. “Whether criminal hackers are acting on their own, at the behest of intelligence agencies, or for corrupt corporate competitors, they are not just looking for personal information and credit card numbers; they are after any kind of intelligence that has economic value,” from PwC’s Safeguarding your firm from cyber attacks Law Firm Services.
Whether a hacker has social, political, or financial motives for accessing a law firm’s system, the consequences of a data breach can be severe. According to the Wall Street Journal article, “The cyberattacks show what law-enforcement officials have been warning companies about for years. As hacking tools and hackers for hire proliferate in certain corners of the Internet, it has become easier for criminals to breach computer networks as a way to further a range of crimes, from insider trading to identity theft.”
Ignoring it by turning a blind eye won’t help in the long run. We give you suggestions on how to take steps in the right direction in a previous blog post, but if you have no idea where to start, maybe it’s time to pick up the phone and have a frank discussion on how to launch the initiative.
In the meantime, check out our fact sheet, Is Your Law Firm Protected Against Cybercrime?