Cybersecurity is the most commonly cited top challenge for law firms according to the 2018 Aderant Business of Law and Legal Technology Survey. With the world of cybersecurity continuing to evolve, it can be quite challenging to keep your information secure.
Law firms are often the targets of cyber attacks because of the wide variety of clientele that firms service, making them a one-stop-shop to get information on a lot of different kinds of clients.
Data breaches can be incredibly costly. IBM mentioned that the global average cost of a data breach was approximately $4.35 million. A loss of this magnitude can be incredibly costly, not just from a financial standpoint. Any sort of a data breach can shatter your law firm’s reputation.
Cyber criminals look to exploit cracks in company’s cybersecurity practices, and they will test any and all firewalls for vulnerabilities.
When you think about all the information you gather from your clients, there is a vast amount of information that can be used that could impact your business negatively. Email addresses, passwords, payment information, and the list goes on. Both your employees and clients expect you to keep this sensitive data safe, whether you’re a team of five or 500. If the data you have allows you to do business, that data should be properly protected.
In our increasingly interconnected world, having and maintaining a security posture is becoming a requirement rather than an option. Having the proper security and IT systems in place will give you peace of mind, not to mention a competitive edge in the world of legal teams.
Finding the proper security protections for your law firm can be a daunting task. From finding the proper softwares to having a team to monitor threats for any potential risks and everything in between, it can seem hopeless to find the proper security.
Fortunately, Judy is an all-encompassing cybersecurity platform. Judy does everything from monitoring for potential threats to managing passwords, and AaDya’s Blue Team monitors 24/7 for any potential breaches.
The American Bar Association recommends beefing up your security to mitigate the chances of experiencing a cybersecurity incident. With the Bar’s recommendation to do so, there is no time like the present to look at creating or increasing security measures.
The best part of this is that the best-in-class tools and security expertise (like SIEM and a SOC), that were previously only available to the enterprise are now within reach.
Learn more about Judy, the all-in-one cybersecurity platform and see all how she can protect your businesses.