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Fairdinkum Blog

How Malicious Software Impacts Law Firms

Posted on January 25 , 2019

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.

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What Law Firms Need to Know about Cyber Security

Posted on January 23 , 2019

Cyber crime is a very real threat to the legal industry. One in five law firms reported an attack in 2017. In a survey conducted by ABA Legal Technology,  22% of lawyers reported their firm had incurred a data breach, up from 14% in prior years.

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Risks to Law Firms from Mobile Device Usage

Posted on January 21 , 2019

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.

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GDPR and US Law Firms

Posted on December 17 , 2018

Earlier this year, we were all bombarded with emails informing us of the impending EU legislation around data protection and warnings of repercussions for noncompliance leading up to May 25th, 2018. As we all now know, this was the date the European Union’s General Data Protection Regulation, or GDPR, came into effect.

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Cyber Security Threats To The Financial Sector

Posted on December 10 , 2018

Cyber Security Guidelines for Financial Services

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