Law Firms: You Can’t Buy Yourself Out Of Risk

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This article appeared in Cybersecurity Law & Strategy, an ALM publication for privacy and security professionals, Chief Information Security Officers, Chief Information Officers, Chief Technology Officers, Corporate Counsel, Internet and Tech Practitioners, In-House Counsel. Visit the website to learn more.

 

While no amount of insurance can protect your reputation, you also can’t buy yourself out of the cyber risks that threaten your reputation either. eSentire recently conducted research with 1,250 senior IT and security executives across financial, healthcare, legal, manufacturing, telecommunications, and other industries to gauge their risk tolerance, security maturity, and top risks.

The sample included more than 160 law firm executives (from medium to large firms), and we found that law firms were among some of the highest spenders on security yet were susceptible to some of the most common risks. And the issue will grow over the coming years as the demands of the business drive the adoption of emerging technologies, such as cloud and Artificial Intelligence (AI).

Law Firm Overall Spend on Security Is…

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