Due diligence: Understanding the cyber security threat to law firms
According to a recent Legal Week report, “the failure of European law firms to tackle online security is leaving clients increasingly vulnerable to attacks”, with just one in 10 legal firms admitting to performing a cyber security risk assessment. Yet cyber criminals are increasingly targeting law firms in order to gain financial credentials, intellectual property and inside information on strategic client business initiatives such as mergers, restructurings and IPOs. Indeed, many criminals, hackers and nation states see law firms as a soft route to highly sensitive client information. So how do law firms need to respond in order to protect their reputation, mitigate against liability and safeguard new client acquisition? Join this roundtable to find out.
Discussion Points
- Understand why the frequency, scale and sophistication of attacks continues to challenge firms
- Discuss where potential vulnerabilities lie, and how to address them
- Understand the business risks, and the importance of risk assessment
- Get insight into how behaviour-based analytics and advanced threat intelligence has worked in other industries
