Cybersecurity: What are Insurers Looking For?

Nicola Laver investigates how low firms can satisfy their insurers that their cybersecurity and anti-commercial crime strategies are robust.

Given that research has shown that cyberattacks on UK  law firms increased by nearly 20% between 2014-2015 and 2015-2016, robust cybersecurity strategies are vital issues; furthermore, 73% of the top 100 law firms in the UK were targets of  attacks last year.

Common cybersecurity threats law firms face involve phishing attacks to gain access to clients money. Other serious incidents highlighted in the research include infection by viruses or malicious software; loss or leakage of confidential information by staff; significant attempts to break into firm’s network; and denial of service (DOS) attacks.

These results suggest that law firms are not taking sufficiently robust action to protect their firms and clients from cyberattacks: add the fact that cybercriminals are notorious for staying one step ahead of the game – it is clear that firms cannot afford to be complacent.

Read the full article Here

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