Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Imagine you’re a cybercriminal looking to steal some lucrative corporate information—valuable trade secrets, perhaps, or maybe insider securities material. You could try hacking into a bank, but their security measures are increasingly strong. A phishing attempt may work, but again, many companies are growing more sophisticated. Instead, if you’re smart, you’ll go after the lawyers. Law firms, due to the nature of their business, are swamped with sensitive documents and many have notoriously poor data security, making them tempting, and potentially lucrative, targets.

It makes sense, then, that hackers are increasingly targeting law firms. One out of every 10 advanced cyberattack is aimed at a law firm, according to the Harvard Journal of Law & Technology, with the Ponemon Institute estimating that the average data breach costs $7.2 million, or $214 per client record.

This content has been archived. It is available exclusively through our partner LexisNexis®.

To view this content, please continue to Lexis Advance®.

Not a Lexis Advance® Subscriber? Subscribe Now

Why am I seeing this?

LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® customers will be able to access and use ALM's content by subscribing to the LexisNexis® services via Lexis Advance®. This includes content from the National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM's other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.

ALM's content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.

For questions call 1-877-256-2472 or contact us at customercare@alm.com


ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.