This week The Lawyer focuses on the storm that’s brewing for firms that underestimate the risk posed to their businesses by cyber security breaches. As we report today, one City law firm has already had to learn the hard way after an attack on its software.
For those unconvinced that the risk is no greater now than it was in the days of Rolodex and filing cabinets, you should read what the Information Commissioner’s Office has to say on the matter.
If that’s got you quaking in your boots, fear not: there are antidotes to the cyber crisis.
And with the US government spending $4.7bn on cyber defences last year alone, there is sure to be plenty of work to keep lawyers busy.
Also on TheLawyer.com:
- Citigroup will announce details of its eagerly-awaited revamped panel early next month, with the banking giant preparing to unveil a new structure to the roster and show some existing advisers the door.
- SJ Berwin will open a second Middle East base in Riyadh following its merger with King & Wood Mallesons (KWM), which will go live on Friday (1 November)
- Osborne Clarke has opened an office in Manhattan in a bid to enhance its relationships with tech companies and intermediaries in the US
- Last week saw the publication of The Lawyer UK200 Annual Report 2013, the culmination of months of research, data gathering and interviews
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