By Helen Geib, QDiscovery
The legal industry is under attack – cyberattack. The threat is real, significant and immediate.
Consider the costs of a data breach:
- Downtime/loss of billable hours
- Loss of reputation
- Consulting fees to security experts
- Corrupted or lost files
- Breach notifications
- Hardware and software replacement
Most readers will be familiar with the fate of Mossack Fonseca of “Panama Papers” infamy. In 2017, several foreign nationals were charged with insider trading after hacking as many as 48 law firms handling M&A matters. The same year saw a major multinational firm, DLA Piper, institute a temporary network and phone system shutdown because of the global Petya ransomware attack.
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