[Free White Paper] Cybersecurity 101: Prevent and Respond to Ransomware Attacks
Get up to speed on ransomware attacks, its implications to your firm, how to respond if one occurs and the best cybersecurity steps to protect and prevent one from occurring in the first place.
Two widespread ransomware attacks, known as WannaCry and Petya, ripped through 240,000 machines earlier this year holding computer and network data hostage, or destroying files altogether. These attacks serve as a cybersecurity wake-up call to the legal industry as one law firm, DLA Piper, fell victim with the attack potentially costing them millions.
Estimates at the time predicted that a wholesale shutdown could cost DLA Piper millions of dollars per day and while the firm has maintained since day one in statements that it has “seen no evidence that client data was taken or that there was a breach of confidentiality of that data,”7 the incident sent shockwaves through the legal world. It was a wake-up call that cybersecurity was on the legal world’s doorstep, with faceless, nameless criminals banging on the door.
If a malware attack could bring a firm like DLA Piper to its knees, where does that leave small- to mid-sized firms? Luckily, there are many lines of defense against ransomware and other malware. First is the most obvious: Back up data.
In general, experts agree that the most secure place to do so is offsite and in the cloud: secure, high-storage capacity servers attached to the internet, allowing users to restore files should they go missing or become compromised.18 Many private cloud-based data management solutions offer increased security, eliminating the need for costly hardware and associated IT expenses.
This white paper explores the basics of cybersecurity and steps your firm can take to prevent and protect its data and foundational business pillars (client confidentiality and trust) from ransomware attacks.
You’ll get answers to these questions:
▪ What is Ransomware? How does it work?
▪ How can I respond to a data breach?
▪ What are the financial implications for law firms if a breach occurs?
▪ How can I protect my firm?
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