Cyber Risks in the Legal Industry

A recent survey by the Australasian Legal Practice Management Association (ALPMA) and GlobalX found that 79% of law firms surveyed were concerned about cyber security. But only 21% of those law firms were confident about their measures against a cyber-attack. Key areas of concern within legal firms include:

  • Leaking of Sensitive Data e.g. The Panama Papers (refers to the 11.5 million leaked encrypted confidential documents that were the property of Panama-based law firm Mossack Fonseca. The total volume of data leaked was about 2.76 terabytes, making it the biggest data leak in history).
  • Trust Fund breaches and missing funds – in particular, email fraud targeting settlement proceeds & beneficiary payments.
  • Confidentiality obligations (regardless of legislation).
  • Breach of Trust case and / or negligence action.
  • Ransomware attack and encryption of data.

Take action against this risk now!

We are an Australian based independent consulting firm specialising in cyber-security, cloud, data storage, compliance & information management. We service clients throughout the Asia Pacific region.

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