InfoRisk Today reported on April 7th on why law firms are attractive targets for hackers (no surprise – that’s where the client secrets are). Lessons they have failed to learn (among many others) – They need to protect against insider threats and increase their due diligence in hiring employees.
The article cites the fact that cybersecurity firm Mandiant estimated that 80 law firms were hacked in 2011 alone. Bloomberg has reported that Fox Rothchild, Holland & Knight, Hunton & Williams, Simpson, Thacher & Bartlett, Thompson Hine and Wilson Sonsini were all victims of trading schemes that involved employees attempting to compromise and profit from client data.
The article is a good wake-up call about many of the precautions law firms should be – but are not – taking to protect their data. A careful read is in order.
Via Ride the Lightning.