The growing wave of cybercrime targets businesses in every industry, and law firms are no exception. With many unique cybersecurity risks, law firms are more onerous to secure than other organizations. In addition to having to fend off threats from cybercriminals, they must also overcome the threat posed by hacktivists and nation-states.
Law firms are especially attractive to bad actors because attorneys need access to highly sensitive data to provide legal services. Depending on a firm’s practice area, its data serves numerous purposes when in the wrong hands:
- A cybercriminal might use information regarding an upcoming merger for their own profit.
- A hacktivist might try to expose questionable employment practices or disclose environmental violations.
- A cybercriminal might use the company’s data to commit some form of fraud.
A steady stream of attacks over the past few years, including recent incidents involving Seyfarth Shaw, Fragomen, Del Rey, Bernsen & Loewy, and Cadwalader, Wickersham & Taft are just a few of the high-profile examples that demonstrate the degree to which criminals view law firms as lucrative targets.
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