4 cybersecurity stats that every lawyer should know
Cyber-attacks on the legal sector are on the rise. Legal practices are big targets for hackers due to their access to sensitive information, and severe lack of security.
Here are four statistics that ring alarm bells in the industry:
Number one: One in four law firms have experienced a security breach of some kind. Even more have had malware or viruses according to a 2019 American Bar Association survey.
Number two: Data breaches cost your local small practice an estimated average of $36,000 dollars. To put in perspective, a new legal assistant salary for the year would costs the firm about the same price. Also, at least 31% of their clients terminate their relationship with the firm afterwards.
Number three: 61% of ransomware victims in the legal sector were Law Firms in 2020. It is the highest of the legal profession, with Courts, and Legal Services coming in second.
Number four: 94% of malware and ransomware attacks were delivered by email in 2020. There are new malware and viruses being discovered every day.
The bottom line
Law firms pose a higher risk for data leaks due to their business nature of storing and sharing sensitive information. ExchangeDefender provides affordable email security, email archiving, and email continuity solutions to the legal industry. One of our largest client bases, the legal industry relies on ExchangeDefender to mitigate risks of cyber and email attacks.
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