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Why Is Cybersecurity Important for Law Firms? 5 Facts You Need to Know

July 6, 2020

Even in a small law firm, you’ll have thousands of pieces of highly sensitive data. Your job will rely on this information. But what would happen if it all got stolen?

Everything would change for your law firm and it could damage the lives of your clients too. This is why cyber security is important. 

But what are the implications associated with not maintaining the highest standard of cybersecurity in your law firm?

In this article, we’ll discuss why is cybersecurity important to your law firm. 

1. Data Breaches Could Be Costly

With data breaches being a major concern for law firms, it is essential to understand the potential financial ramifications of a data breach. 

The current average financial loss per digital record is $154. That means that for every thousand client records, you can add three zeros to the end of this figure. 

Sophisticated targeted attacks can lead to the extraction of all of your sensitive data. 

2. Data Breaches Could Damage Your Reputation

As a law firm, your clients need to have complete confidence in you. If you’ve had a data breach of any size, this could damage your reputation. Clients may no longer feel as though their data is safe in your hands and they will go with a different law firm. 

Having the correct measures in place to protect your law firm from data breaches is essential. 

3. Cybercrime Could Disrupt Your Business

If you experience a cyberattack on any scale it can be very disruptive to your business. It may mean that your systems go down and your firm won’t be able to operate. 

This could have a knock-on effect on your clients who are reliant on your swiftness in dealing with legal matters and it could cost you in down time.

4. Lawyers Have an Obligation to Protect Client’s Data

All of the data that your law firm holds doesn’t just hold a price tag. Each and every file relates to a client. This will include personal information and legal information that nobody would like to see being made public. 

You have a duty to ensure that your client’s data is kept safe at all times. 

5. Law Firms are Legally Required to Have Measures in Place

Your obligations to maintain client data protection are not only moral, but they’re also legal. You are held responsible to various data protection laws. These might include regulations such as GDPR for international cases and HIPAA for medical malpractice cases. 

It is vital that you have measures in place to protect your law firm while maintaining compliance in all necessary areas. 

Why Is Cybersecurity Important to Law Firms?

Now that you know the answer to the burning question, "why is cybersecurity important?", you’ll no doubt want to put the measures in place to protect your law firm. 

Alura provides a wide range of security and disaster recovery services that will protect your business from cybercrime. 

Get in touch today to learn more about how we can ensure your law firm stays safe from cyberattacks. 

Tags: Threat Protection, Security,

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