The treasure trove of valuable client data residing inside of law firms—such as financial information related to potential corporate transactions and confidential litigation documents or trade secrets—has made law firms top-priority targets of cyber criminals. Indeed, nearly one in four firms reported they have been the victim of a data breach, according to the ABA’s 2018 Legal Technology Survey Report.
Law firms have responded to this challenge by making substantial investments in information security systems, technologies and procedures. Part of this response has been the search for the optimal IT framework, a mission complicated by the seemingly endless array of ISO, SOC and COBIT standards we read about frequently in the legal technology space.
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