| The Cybersecurity Challenge Legal Firms are Facing |
Legal firms are increasingly becoming the target of cyber threats, facing a unique and complex cybersecurity challenge. The sensitive nature of information they handle makes them attractive to cybercriminals. This includes intellectual property, client confidentiality, and personal data.
75% of Law firms have been the target of a cyber attack
$4.45 million, the global average cost
of a data breach has markedly risen
41% of law firms suffered from a security incident caused by staff
*The statistics are Industry Insights
Common Cybersecurity Threats Targeting Legal Firms
Phishing
Working with third parties increases the legal industry’s risk to phishing attacks. These deceptive emails or websites can cause staff to expose data. This can lead to unauthorized access. It can also result in significant financial loss and irreversible harm to the firm’s reputation.
Ransomware
Ransomware encrypts data for a ransom, and malware breaches systems, causing disruptions, data loss, financial and legal issues. Lack of Multi-Factor Authentication gives hackers a window of opportunity to infiltrate these systems, thus worsening the threat scope.
Data Loss
Data loss can occur due to hardware failure, accidental deletion, or cyber-attacks aimed at destroying or stealing client confidential data. These incidents result in disrupted operations and loss in trust. They can also lead to lost intellectual property, legal liabilities, and even business closure.
User Risk
Cybersecurity incidents are often caused by human errors like weak passwords, and clicking on malicious links. Inadequate security practices put sensitive data at risk, leading to financial losses, damaged reputation, and loss of competitive advantage.
Bridge Your Cybersecurity Gaps with tEK Cloud Solutions as your mSP Partner
Enhance Your Legal Security
- Prevent disruption of business operations, client confidentiality, and proprietary data.
- Improved cybersecurity practices builds trust for clients, lawyers, and administrators.
- Mitigate the legal firms financial risk of litigation, and large fines or penalties in case of a breach.
The key role of TEK Cloud Solutions in Boosting cybersecurity in law
Lawyers
Lawyers deal with sensitive client information that, if exposed, leads their clients to severe financial and reputational losses. Consequently, partnering with a cybersecurity managed service provider is crucial. Implementing real-time protection and conducting regular access reviews keep sensitive data safe. Continuous security training also helps maintain system integrity.
Paralegals
Paralegals focus on conducting legal research and drafting documents. They are also responsible for organizing and coordinating legal work. As a result, they access important and sensitive data on a regular basis. This makes them potential targets for data breaches. By using MSPs, firms can enhance data security, educate employees on good data management practices, and reinforce data protection procedures.
Administrative and Support Personnel
This department often manages internal emailing, data entry, and scheduling, making them targets for phishing emails or malware intrusions. Conducting phishing simulations can significantly reduce the risk of such attacks. Launching awareness campaigns enhances the security culture within the organization.