The Solicitors Regulation Authority found one in four firms had inadequate controls or policies to guard against cyber attacks.
November 01, 2019 at 06:21 AM
1 minute read
Senior Reporter
The original version of this story was published on Legal Week
More than £4 million was stolen from 23 law firms by cyber criminals in the last three years, the Solicitors Regulation Authority has said.
In a conference about cyber crime, the regulator said that during visits to 40 law firms to understand the impact of a cyber attack, they found that firms lost an average of £60,000 of client money in every successful attack.
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