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Cybersecurity

Given the volume, depth of detail and uniqueness of the data they hold, law firms have emerged as prime targets for criminal networks. This comes as no surprise to most legal professionals and law firms who recognize the threat and have taken various steps to strengthen their defenses.

For example, the 2017/2018 Kroll-Legal Week Cyber Report found that more general counsel are taking a larger management role around cybersecurity issues: 45 percent said their role has expanded in the area of planning, 40 percent monitoring, 37 percent reporting and 43 percent responding to a cyber incident. From another perspective, a survey of 200 U.S. law firms last October revealed that 41 percent were planning to increase spending on cybersecurity tools and services in the next 12 months.

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