The legal industry conducts critical business with high profile clients who require protection against cyber-attacks. Law firms use secure IT compliance policies to protect against two main vital issues: losing client’s data, and losing their practice license due to malpractice. The vulnerabilities the legal industry faces are critical, and they are starting to take more seriously the intensity of cyberattacks.
Because of this, most law firms employ a compliant MSP for managed cybersecurity services such as maintaining compliance, maximizing productivity and enhancing data protection. In addition, an MSP offers the legal industry privileges to high quality security software to boost overall security; ensuring a safe environment for clients to feel protected from unforeseeable threats.
Additionally, clients now demand law firms have cybersecurity systems in place; this strengthens trust and ultimately proves that the lawyers are committed to the clients’ privacy and security.
What an MSP Can Do for the Legal Industry
There are a couple of reasons why law firms need cybersecurity systems in place, all of which seek to solve cyberattacks. Here are three convincing reasons for cybersecurity;
Law firms have clients ranging from a simple worker to a high profile politician or tech-guru. Regardless of the client’s profile, each requires data protection. However, high profile clients need more sophisticated data protection due to their high profile, in order to avoid compromising the law firm.
Data protection is a serious matter in the legal industry. Clients whose data was compromised may sue the law firm, leading to millions in compensation, suspension of the legal license, among other penalties. It is vital for law firms to protect data such as financial reports, product blueprints, and health reports.
Law firms risk facing data breaches from those who have a vendetta against the company or individual lawyers, as well as hackers, whether or not there is a personal connection. Hackers can remotely install malware that could cause havoc, causing law firms to spend money to solve the cyberattack.
Two main risks to mitigate are MITM, which is spy software that compromises attorney-client privileges, and malware. MITM eavesdrops on meetings and in the law firm’s IT systems to gain information, and malware is a software which works by blocking law firms from accessing systems and client files; it breaches security measures and paralyzes operations, whether in the form of a virus, worm, ransomware, etc.
Law firms need to protect clients’ data from any unauthorized party to maintain privileges and confidence. An inability to do so could ruin the reputation and integrity of law firms.
While it is not unethical for law firms to forgo cybersecurity compliance practices, most clients may demand that they do. Why? Clients such as health facilities, or technology companies ought to have certain compliance practices under the law. Hence, the demand that law firms should also be compliant to provide clients with preventive measures from cyberattacks.