Kansas City Law Firms Face Growing Threat of Cybersecurity

ALM Intelligence‘s second annual Law Firm Cybersecurity Report found that vulnerabilities in law firms’ data and cyber security present an unprecedented existential threat. As news of massive ‘hack attacks’ and cyber security breaches have often dominated the headlines in recent years, corporate demand for legal expertise in information security, compliance and incident response has grown dramatically. As a consequence, the revenue opportunity for cyber security firms has grown as well. Foreign actors have targeted transactionally oriented firms in an effort to obtain confidential, market-moving information and trade on it. Daniella Isaacson, co-author of the report, assessed the situation and said, “Many firms’ confidence in their own cyberattack preparedness seems misguided.…

What to Do if Your Law Firm has Been Hacked

Just a couple months ago, the Wall Street Journal reported that hackers broke into several prestigious law firms, including Cravath Swaine & Moore LLP and Weil Gotshal & Manges LLP. Law firms’ computer systems hold a wealth of information of special interest to hackers, such as trade secrets, information about clients—especially large, corporate clients—and other sensitive information. These breaches in security are usually characterized by large amounts of information being stolen at once and then analyzed later. Fortunately, if you’ve discovered your law firm has been attacked, recovery is possible.   Even if your law firm hasn’t been hacked yet, chances are it will be. That’s why it’s important to…

How Law Firms Can Tighten Up IT Security to Stop Hackers

During the month of February, we’re focusing on ways to tune up your IT to keep security levels optimal and your data safe. This week, we’re taking a look at how lawyers and law firms can improve data security to prevent that dreaded breach of confidential client data.   According to the American Bar Association, in 2009, the Federal Bureau of Investigations (FBI) warned law firms that they were being targeted by hackers. Even though exact numbers aren’t available, it’s been estimated that at least 80 percent of the 100 biggest law firms have had their data hacked. What’s the motive? Hackers are well-aware of the huge amount of highly…