In a recent article in the ABA Journal, noted cybersecurity expert and RiskRecon Advisor, Yong-Gon Chon, shared his thoughts on what law firms can do to bolster their cybersecurity. In particular, Chon suggests learning from other industries. For example, law firms can look to financial institutions, which have long struggled with protecting data as required under the Gramm-Leach-Bliley Act, he said. Data protection is key.
This is particularly important for law firms, which can be viewed as the ultimate third-party target. All you need to do is look at the Panama Papers data breach to recognize that compromising one target can lead to compromising thousands of other companies, VIPs, clients, and their associates.