Establishing a Culture of Safety: Ensuring Cybersecurity Policies Lead to Real Data Protection
Law firms have a fiduciary duty to keep their client's data safe. In today's ever-evolving world of technology, law firms must implement and rigorously follow specific security measures to effectively secure their data.
July 27, 2023 at 11:41 AM
4 minute read
Law firms have a fiduciary duty to keep their client's data safe. In today's ever-evolving world of technology, law firms must implement and rigorously follow specific security measures to effectively secure their data. This is not only an expectation from law firm clients. Cybersecurity insurance providers also have their own exigencies and typically establish policy and audit requirements before granting coverage to law firms.
According to a 2023 survey from the International Legal Technology Association and Conversant Group, 75% of respondents believed their law firm was more secure than most other firms. However, the data also shows that law firms are lacking in understanding of cybersecurity best practices and principles, therefore making respondent's overconfidence unjustifiable. Law firms know they need cybersecurity policies, but written policies are only the starting point. Firms should not assume data is secure simply because policies are in place. Additional steps to ensure security helps law firms minimize downtime and gain a competitive advantage grounded in trustworthiness.
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