Cybersecurity: An Essential for Law Firms

Reports of cyber security breaches of law firms stay linked to the top of search engines results warning existing clients and deflecting potential new business. One leak can tarnish a firms’ reputation which could take years of energy and expense to repair.

According to a 2017 survey from The American Bar Association (ABA), 43% of law firms reported cybersecurity events while 23% were unsure. The ABA states that “clients are increasingly focusing on the information security of law firms representing them and using approaches like required third-party security assessments, security requirements, and questionnaires.”

These increasing cybersecurity liabilities have led some firms to implement measures to safeguard client information and adopt various security programs. However, less than one-third of law firms have planned to adopt full security assessments from independent third parties. Law firms need reliable cybersecurity frameworks to protect legal information, their clientele and their own liability.

Commonly Leaked Information

Cybercriminals leak information for one of two reasons: to profit or make a personal or political statement.

Targeted data in a breach can include:

Cybersecurity Vulnerabilities 

Consistently, law firms battle the threat of cyberattacks, which take a variety of forms. According to the ABA, the bigger the law firm, the higher the risk it has for a cyber attack. It is important for firm leadership to understand common cybersecurity threats and take steps to mitigate risk factors.

Cybersecurity Compliance Standards

The American Bar Association (ABA) has established cybersecurity and data protection ethical obligations for lawyers through formal opinion 477R, 482, and 483, as well as Model Rule of Professional Conduct 1.1. The top security practices include obtaining cyber liability insurance, undertaking formal data protection assessment and developing data breach plans. 

Cybersecurity Trends for Law Firms

Headline Hacks 

As a high value target for cyber hacking, law firms need to establish cybersecurity as a priority.

In 2016, three Chinese citizens received criminal charges in the United States for obtaining confidential corporate information by hacking into the networks and servers of law firms working on mergers and acquisitions involving Intel Corp and Pitney Bowes Inc. 

The trio gathered inside information and placed trades in at least five business stocks based on data obtained from the law firms and profited by more than $4 million.

"This case of cyber meets securities fraud should serve as a wake-up call for law firms around the world: you are and will be targets of cyber hacking because you have information valuable to would-be criminals." 

- U.S. Attorney Preet Bharara in Manhattan (link). 

Reputation Matters and Cybersecurity Measures Can Protect It

Cybersecurity attacks on law firms has led many to implement measures to safeguard client information and adopt various data security programs. Cybersecurity is essential to protect law firms from threats posed by cyber-criminals who would seek to benefit from the sensitive non-public information in their custody.

CyLogic deeply understands the threats faced by law firms. When the Department of Defense (DOD) and Department of Homeland Security (DHS) required a framework for secure usage of cloud services for their sensitive data, they created FedRAMP - the world's most comprehensive and strict cloud security standard.  

CyLogic’s flagship offering, CyCloud, provides a secure enterprise cloud environment that delivers a higher level of security than any public cloud provider. Our team would be happy to discuss how we can assist you to mitigate the complex challenges faced by your law firm.

Ut ipsum aut blanditiis cupiditate ut.

Voluptas possimus vero sed et non nam rerum. Delectus ut repellendus omnis magnam. Similique quos et rerum. Voluptate et ea iste qui quaerat. Omnis excepturi sint delectus soluta voluptatem reprehenderit non.

Neque doloremque exercitationem.

Odio tempore sit. Natus blanditiis voluptate quas nemo. Cum ipsum et inventore autem dolore. Id cum et molestiae doloremque maiores qui.

Iste unde voluptatem et autem dignissimos praesentium officiis. Totam minima consequatur. Accusantium pariatur ad.

Enim ut fuga aperiam. Porro ipsa ab nobis in optio assumenda quo voluptates laudantium. Nihil qui nesciunt porro natus molestias officiis omnis repellendus. Aut asperiores natus autem illo numquam aut accusamus. Accusamus magni quos sapiente deserunt.

Inventore qui ea sunt et rem minus.

Nihil nam quas aut. Libero nisi error delectus beatae. Ut iure beatae qui. Consequuntur minus eum veritatis ratione aut ut est autem modi. Delectus sint tenetur sit sed ducimus possimus ab illum enim. Provident doloribus veritatis sed libero veniam corrupti est.

Aut necessitatibus velit reprehenderit sed laudantium quisquam illum.

Molestias odit et laboriosam quidem. Eligendi possimus non. Repellat non aut.

Autem aut et ut. Eveniet voluptas error dignissimos. Atque ea ipsum rerum non. Natus ut perferendis optio et veritatis atque dolorem. Hic consequatur excepturi.

Pariatur qui numquam et dignissimos molestiae enim. Deserunt quis perferendis. Dignissimos distinctio maiores.

Lawyers create and depend on a bond of trust with clients. Preserving and protecting clients’ sensitive personal information is an essential pillar for maintaining this trust. When a cyber-attack leads to a serious breach, the promise of confidentiality is at significant risk. The firm could be confronted with the loss of clientele, their professional reputation and significant liability.

Related Posts

Get Started

Contact Us

Get In Touch

Fill out the form below and we will contact you shortly.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.