The aftermath of the ransomware attack on Allen & Overy last week reflects a troubling tendency in the global law industry: the increasing vulnerability of law firms to cyber threats. As we noted with Allen & Overy, this is not the first incident, and we anticipate it certainly won’t be the last. In this shifting digital landscape, not even a heavyweight like the $6 billion law firm Kirkland & Ellis is immune. Recent attacks raise questions about the comparative risk of far less-protected entities. Explore the case of Kirkland & Ellis’s exposure here.
Admittedly, such events, combined with changing regulations, could bring about an era where large firms no longer retain client data. By doing so, this recent rash of cyber attacks exposes a critical turning point in the data security methodologies of global firms. For more in-depth coverage, read the full article at Law.com.