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Cyber threat to law firms greater than ever

Cyber threat to law firms greater than ever

Law firms are facing unprecedented cyber threats due to the 'treasure trove' of client data they hold and the widening availability of technology that facilitates attacks, experts have said.

The recent WannaCry ransomware attack, which affected more than 200,000 computers in at least 150 countries, has led to calls for law firms of all sizes to step up their cyber defence strategies to prevent both internal and external threats.

The most recent Natwest Legal Benchmarking survey found that 24% of 269 law firms had experienced a fraud-related loss or cyber attack in the year ending April 2016. According to PwC, cyber attacks on law firms have increased by 60% in the past two years.

Source: Solicitors Journal

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