Cyber-insurance – Are you prepared?

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Posted by Aaron Naisbitt, sales director at Legal Futures Associate CTS

Naisbitt: You need to audit and assess potential vulnerabilities

Cyberattacks against the legal sector are on the rise – it is not a question of whether a cyberattack will occur, but when and how bad it will be. When it does, having cyber-insurance can help your organisation recover and get back to business quicker.

It is vital that you accurately audit and assess your firm’s or chambers’ potential vulnerabilities, building a detailed picture of your cyber-risks and your ability and preparedness to manage them. Carrying out this kind of research can be a daunting and time-consuming task. However, it can be very insightful when structuring your cyber-security strategy, as well as being useful when buying cyber-insurance for underwriting purposes.

Be prepared – follow our checklist below to ensure you are ready to open a dialogue with a cyber-insurance provider at any time.

Build your business profile

Collating general information about your law firm or barristers’ chambers will provide insight into the degree to which your business is at risk of a cyberattack, and therefore, allow the insurer to provide…

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