Data lockdown: how law firms can fight back against the growing wave of cyber attacks
Law firms that advise companies on mergers and other transactions are being increasingly targeted by cyber criminals seeking highly prized confidential information on corporate deals. That is the finding of the report 'Cyber Security in Corporate Finance', which illustrates the risks law firms, accountants and investment banks face on these deals and looks at practical ways to tackle those risks. The Institute of Chartered Accountants in England and Wales' report, which EY contributed to, shows that the sheer number of players involved in a deal means each one must take the threat of cyber crime seriously. This has implications for law firms, which, the report notes, are involved in all stages of a corporate transaction.
Firms are increasingly being targeted for their huge volumes of sensitive information about major corporates
This premium content is reserved for
Legal Week Subscribers.
Subscribe today and get 10% off.
A PREMIUM SUBSCRIPTION PROVIDES:
- Trusted insight, news and analysis from the UK and across the globe
- Connections to senior business lawyers within the leading law firms and legal departments
- Optimized access on all of your devices: desktop, tablet and mobile
- Complete access to the site's full archive of more than 56,000 articles
Already have an account? Sign In Now