When attorneys or law practices suffer a cyberattack, the ramifications extend well beyond financial loss. Because attorneys and the firms they work for are subject to an additional set of rules and regulations requiring the protection of client confidences and secrets, the implications can be serious.
For many years, law firms appeared exempt from cyber risks because hackers usually targeted the law firms’ clients, such as banks, companies or individuals. But experts agree that law firms are the next big target for hackers. The reason: law firms possess valuable data about their clients, third parties, their own finances and their own employees, but they rarely have the same protections in place as a financial institution or others with sensitive information.
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