Published By: Darktrace
Published Date: Jun 17, 2019
Cyber security is today an unavoidable concern for law firms and the legal sector at large, which oversees disproportionately large volumes of sensitive data and which is therefore an attractive target for sophisticated threat actors. From confidential information about mergers and acquisitions to disclosures made under attorney-client privilege, todayís law firms are inundated with data that would be disastrous if leaked, both for the results of individual cases and for these firmís long-term reputations.
Indeed, this reputational damage diminishes the very trust upon which the legal profession is predicated, jeopardizing client relationships and hindering customer acquisition. Legal organizations lose 5% of their clients following a data breach, while significant or high-profile breaches can even prompt a firmís eventual collapse, as was the case for Mossack Fonseca in the infamous Panama Papers breach.
In todayís increasingly digital business world, even the most private legal docum
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