Legal departments and law firms handle sensitive and confidential information on a scale unrivaled in the corporate world. And as the primary clients of legal technology vendors, these entities demand solid security and privacy considerations from the tools they use. Software and service providers in the space have historically had no problem keeping up with security requirements; however, aggressive attacks targeting law firms and departments could manifest in tighter cybersecurity as it relates to the practice of law.
A survey released in 2014 by Marsh USA, indicated that 79 percent of law firm respondents viewed cyber/privacy security as one of their top 10 risks in their overall risk strategy, however in the same survey around half of those law firms (51 percent) said that their law firms have not taken measures to insure their cyber risk (41 percent) or do not know (10 percent) if their firm has taken measures.
