Sal Rivera
  • Blog
  • About
  • Blog
  • About

Types of Cyberattacks Targeting Law Firms

6/18/2024

0 Comments

 
Picture
​Cyberattacks are increasingly targeting law firms, exploiting the sensitive information they handle and often the comparatively lower security measures in place. Up to 42 percent of law firms with fewer than 100 employees have experienced data breaches.

One common method of attack is email spoofing, where hackers forge the sender’s email address to include malicious attachments or links. It can lead to the unauthorized access of sensitive information.

Hackers target law firms primarily for financial gain. One prevalent tactic is information ransom. Hackers demand a ransom after breaching a firm's database and encrypting its data, threatening to release the data publicly. It can cause severe reputational damage, financial loss, and potential malpractice lawsuits from clients.

Insider trading schemes are another motive. Hackers might exploit confidential client information to make illegal stock market trades. For instance, hackers can use knowledge of a client's merger and acquisition to profit from subsequent stock price changes.

Attackers range from nation-state actors seeking geopolitical leverage to organized crime groups pursuing financial gain. Therefore, law firms must adopt robust cybersecurity measures to protect themselves against these threats.

Sal Rivera

Shop
0 Comments



Leave a Reply.

    Author

    Sal Rivera - Community Leader and Business Consultant

    Archives

    July 2023

    Categories

    All

    RSS Feed

Powered by Create your own unique website with customizable templates.