Whether you are a Principle or Partner, it should come as no surprise that law firms are a targeted industry when it comes to cyber attacks.Read more »
Experian has released its sixth annual Data Breach Industry Forecast, which highlights six key areas where companies and individuals should be aware of possible data breaches. It also singled out lawyers as specifically being easy prey to biometric, cloud and phishing cyber attacks.
The recent news of Marriott’s data breach and other headline-grabbing events show how lawyers are counseling their clients through massive data breaches. But the cyber attacks should also remind lawyers and their firms to safeguard their own technology.
Source: Legaltech News
According to The American Bar Association 2017 Security Report:
"Some attorneys and law firms may not be devoting more attention and resources to security because they mistakenly believe it won’t happen to them. The increasing threats to attorneys and law firms and the reports of security breaches should dispel this mistaken viewpoint. Significantly, 22% of respondents overall reported that their firm had experienced a data breach at some time—up from 14% last year. Reports of breaches ranged from a high for firms with 10-49 attorneys (35%, more than one-third) to a low of 10% for solos."
Before you open that very legitimate-looking email, I just want you to pause a second. If you don’t know already, phishing is a an attack via e-mail, that aims to gather your personal information. Whether it be passwords, account numbers, pins or social security numbers– you do not want that information in the wrong hands. The goal of this email is to look legitimate enough that you don’t see any concern in opening it. Over the years, people have become more savvy in spotting suspicious emails, but as we get smarter, so do hackers.
The American Bar Association completed a TECHREPORT in 2017 to investigate the impact of cyber security breaches on law firms.
According to the American Bar Association: "The 2017 Survey responses make it difficult to tell how many breaches there have actually been with exposure of client data because almost 5% overall report that they don’t know about the consequences. This includes 'don’t know' responses by 3% in firms of 10-49 [attorneys], 8% of firms of 50-99, 25% of firms of 100-499, and 14% of firms of 500+. The uncertainty is increased by the high percentage of respondents (22%), discussed above, who don’t even know whether their firm experienced a data breach."
According to research from the Verizon RISK Team, few breaches are unique, meaning the vast majority of incidents are caused by a small number of scenarios. Verizon classifies 18 different data breach scenarios into four groups; the human element, conduit devices, configuration exploitation and malicious software. For the purposes of this article, we will focus on the malicious software that makes institutions vulnerable.Read more »
Today, over 90% of lawyers use smartphones for law-related matters. Law firms have become a prime target for cyber attacks because of the valuable data they possess and their lack of security. A study done by ALM Legal Intelligence reported 22% of law firms do not have an organized plan in place if a data breach were to occur. Hackers have noticed that law firms are vulnerable in this area. Legalitprofessionals.com says for this reason, many law firms are now focusing on mobile security.Read more »