Executive Summary - Cybersecurity in the Legal Industry
Using the previously completed request we have completed an executive summary of the cybersecurity analysis of the Legal Industry. Including the importance, data protection, vulnerabilities, compliance standards, meeting standards, trends, and breaches.
- Following is an Executive Summary of the Cybersecurity Analysis of the Legal Industry;
Cybersecurity attacks on legal practices have led to many firms implementing measures to safeguard client information and adopt various security programs. Less than one-third of law firms have planned to adopt full security assessments from unbiased third-parties to satisfy current and potential clients. About 23% of legal firms have experienced a cyber attack or data breach at least once.
Cyber-security is essential to protect legal firms from threats posed by cyber-criminals who would want to profit from the sensitive non-public information in custody of legal firms. Legal firms are built on maintaining a good reputation. It is prudent for legal firms to ensure the tight security of their clients' confidential information given the depth of detail, volume, and the nature of data they hold. United States law firms commonly keep client private and sensitive information, data that can potentially be used for identity theft or financial fraud.
According to a 2017 survey from ABA inquiring about malware infections, spyware, and viruses in law firms, 43% had infections, 34% did not have any, and 23% were unsure. Reported infections were the highest in those employing between 10-49 attorneys (63%), 2-9 (53%), and roughly 30% at other practices.
The American Bar Association (ABA) has established cybersecurity and data protection ethical obligations for lawyers through formal opinion 477R, 482, and 483, as well as, Model Rule of Professional Conduct 1.1. The top security practices in cybersecurity and data protection management by legal practices include: taking up cyber liability insurance, undertaking formal data protection assessment, and developing a data breach plan.
Current cybersecurity trends in the legal industry are compliance with new regulations, heightened consumer privacy and security & cyber attacks. The legal field is anticipating and preparing for the enforcement of new consumer data protections by groups ranging from privacy commissions and industry regulators.
Cases of data breach in the legal sector include the hacking of the juvenile court computer system in Ohio, the Washington State Administrative Office of the Courts data breach, and the hacking of the Public Access to Court Electronic Records (PACER) system. Hackers have gained access to sensitive data belonging to several million people and over 160,000 Social Security numbers through data breaches in the legal sector across the United States.