Law firms are currently experiencing an alarming surge in cyberattacks, with five class-action lawsuits already filed this year. The firms are becoming a primary target due to the sensitive nature of the data they store, from employee personal data to proprietary client information, similar to how a vault attracts thieves. In fact, one out of every 40 cyberattacks is targeting a law firm or insurance provider.
Despite this, many law firms, perhaps due to resource constraints or misconceptions about their own security, are lagging behind industry best practices for cybersecurity. Balancing data accessibility and security is indeed challenging, but it’s clear that inadequate investment in cyber defense is not justifiable.
Given the current landscape, it’s essential that we proactively strengthen our cybersecurity measures, adhere strictly to industry standards, and consider engaging with expert consultants to ensure the protection of our, and our clients’, valuable data.