Say the words “data breach,” and a legal practice might not be the first enterprise that comes to mind when imagining the likely victim. A heath care provider, a financial institution, an educational facility, a government agency, perhaps, but not a law firm.
Major Law Firm Data Breaches
Not if you listened to former U.S. Attorney for the Southern District of New York, Preet Bharara, whose office, prior to his dismissal, indicted three Chinese nationals this past December for hacking into the servers of two separate law firms to secure confidential information regarding merger and acquisitions deals. According to one report, the hackers secured confidential information between April 2014 until the end of 2015, regarding 13 individual deals, thereby providing insider information resulting in trading losses in excess of $4 million.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
