You don’t need to be a cyber security expert to know that there is an increase in cyber attacks against law firms. Last year’s high profile ransomware attack against Grubman Shire Meiselas & Sacks showed that law firms are a prime target for attack. In fact, in a study by Cyber Security firm, Bluevoyant, they stated that “the near-$1 trillion sector is a prime target for financially motivated attacks as well as nation state actors looking for sensitive information they can use to make money or leverage geopolitically.” In other words, money and highly privileged information make law firms a prime target for attack.
There are also 5 other factors that make law firms vulnerable to bad actors. These cyber threats come in the form of improperly storing and encrypting data, a general lack of cyber awareness, not patching legacy systems quickly enough, a lack of security policies and procedures and a lack of security expertise. Truth be told, these problems aren’t just faced by lawyers, but when you consider just how valuable legal data is, it is very important for law firms to get these threats under control.
This is why law firms need to find cyber security experts to help protect their data and their business. If you are running a law firm, Chuck Brooks, a cyber security expert, believes that your law firm needs to bring in outside experts to help with “vulnerability assessments, and recommending best in breed cyber security technologies and vendors.” Indeed, if your firm engages with a Managed Security Services Provider (MSSP), you will have a partner who is an expert in vulnerability assessments, cyber security technology, as well as understand policies, compliance, technologies, and the protocols associated with cybersecurity risk management.
In addition to improved cyber security, partnering with an MSSP can help law firms improve cost savings and efficiencies. Engaging with an MSSP ensures that your network is proactively protected. A proactive approach identifies issues that need to be corrected before they become much larger, and much more expensive. Partnering with an MSSP reduces the stress of compliance and cyber security obligation, allowing you to focus on your core tasks.
If you want to learn more about protecting your law firm from cyber threats, contact Uzado today.