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Long aware they’ve been in hackers’ crosshairs, law firms are currently under attack by a new breed of ransomware and attackers.

However, when law firms are hit with a ransomware attack, some are shocked to find out their insurance policies don’t include coverage for ransomware payments. Indeed, ransomware is a 21st century business threat that older insurance policies weren’t drafted for, observers say.  

While ransomware was once considered a novel intrusion against large enterprises, the cyberattack has become increasingly rampant in all corners of the legal industry.

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Victoria Hudgins

I am a reporter for Legaltech News, where I cover national and international cyber regulations and legal tech innovations and developments.

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