Given the valuable nature of law firm data – confidential and sensitive client information – it’s no wonder that the number of cyberattacks on law firms has increased over the past few years, with ransomware as one of the most common methods of attack. Correspondingly, there’s been a heightened need to implement legal cybersecurity solutions to enhance law firm data security. Clients are particularly concerned about the privacy and security of their legal information and are pushing law firms to demonstrate that they’ve taken proactive measures to keep their data and information secure – particularly when it comes to any third parties who may have access to their data. However, with a third of law firms experiencing a security incident in 2020 alone, effectively securing law firm data from unauthorized access or attacks continues to be a struggle.
Why is this the case? Where are these cyber threats to law firms coming from? One of the easiest and most common attack vectors cybercriminals use is targeting and compromising vendors and third parties who are working with law firms. And the data shows that hackers are right on target: Nearly two-thirds of data breaches originate through third parties. So although these third parties provide valuable services and support law firm operations, they have also become one of the primary cybersecurity risks faced by law firms with the remote access they have.
Take the example of the recent Jones Day law firm data breach in early 2021, where confidential and sensitive client data was exposed and posted online. How? Through one compromised third party. This incident showcases the risks third parties and their remote access can present and drives home the importance of third-party risk management as part of a law firm’s cybersecurity strategy. Securing third parties’ access to law firm data, systems and networks has never been more important. The consequences of failing to do so are high, with exposure of confidential client data, reputational damage, and loss of future business – to name a few – on the line.
In today’s environment of frequent law firm cyber attacks, it is only a matter of when, not if, an attacker sets its sight on your network, likely through your third parties. Today is the day to protect your client’s information and data from the third-party perspective by securing your third parties’ remote access to your network and systems.
The legal industry is subject to a variety of regulations, including SOX. Learn more at our compliance hub.
Learn how you can eliminate the third-party vulnerabilities that threaten the security of your network and data with SecureLink. Count on the granular controls and audit features you need to fully secure your third-party remote access and meet the legal industry’s cybersecurity best practices, as well as your clients’ security requirements.