Law firm managers are well versed in carrying out risk assessments to justify and make decisions around IT spend. However, from May next year, risk assessments become more complex when the GDPR comes into force.
There’s been an exponential increase in the number of ransomware attacks, from nearly 4 million attempts in 2015 to 638 million in 2016. A recent survey showed that 54% of UK companies now admit to falling victim, with law firms a key target.
Law firms hold a wealth of sensitive information, all of which will be subject to the General Data Protection Regulation (GDPR).
Specifically, Article 5 of the GDPR requires that personal data shall be:
“processed in a manner that ensures appropriate security of the personal data, including protection against unauthorised or unlawful processing and against accidental loss, destruction or damage, using appropriate technical or organisational measures.”
Social Media – there’s no escaping it in today’s workplace. Facebook, Twitter, LinkedIn and a whole host of other platforms are now just part of the fabric of our day-to-day business lives.
Ransomware is fast becoming a ubiquitous security threat with 65% of British businesses experiencing an attack in the past year, according to the Government-backed Cyber Security Breaches Survey 2016. The term ‘ransomware’ refers to a number of versions of malicious software which takes control of a target’s computer and then encrypts all the data that computer has access to, rendering it inaccessible.
We have shared advice about combatting cybercrime and reviewing email and network security. As cybercrime increases and law firms remain an attractive target, it is important that firms put in place steps to safeguard their clients’ data and assets, along with their own systems and applications.
The legal landscape is changing and technology is at the centre, driving innovation and growth. Firms are looking at ways to improve profitability, increase agility and deliver excellent service to their clients. In September, we were delighted to host a roundtable with law firms leaders to look at how they are using technology.
The recruitment and retention of staff is a challenge facing many law firms. Those who are successful in this area are combining traditional methods with innovative new approaches to attract the right people to their business. This was evident at our recent Trailblazers Conference where leaders spoke of the approaches they have taken. Many have developed award-winning programs and their retention rates are testimony to their success. In this blog, we bring together thoughts from our Trailblazers and clients and suggest 3 ways to improve recruitment and retention.
Law firms hold a mass of valuable client data and funds, all of which make them a very attractive target for criminals. As the number of cyber-attacks increase, firms are increasingly at risk of a breach. And it isn’t just cyber-crime that can result in data being lost or compromised. There’s the risk of physical damage to servers, lost equipment that’s not adequately protected and even human error which could cause system disruption and failure.