This article appeared in Accounting and Financial Planning for Law Firms, an ALM/Law Journal Newsletters publication that covers all financial aspects of law firm management, including: building a law firm budget; tariffs and tariff arrangements with clients; coordinating benefits for law firm partners; and the latest strategies for developing your business and career.
Cyber criminals are increasingly targeting law firms; extortion is quickly realized, given the nature of highly confidential customer data. The digital footprint of law firms is constantly expanding, which leads to a greater number of entrances to the firm’s network infrastructure, which is direct access to data. This expansion, combined with insider risks (the firm’s own personnel), makes the existence of risk control protocols of utmost importance.
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