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Subject: [ISN] Law Firms Are Pressed on Security for Data
From: InfoSec News <alerts () infosecnews ! org>
Date: 2014-03-28 6:45:32
Message-ID: alpine.DEB.2.02.1403280645030.2753 () infosecnews ! org
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http://dealbook.nytimes.com/2014/03/26/law-firms-scrutinized-as-hacking-increases/
By MATTHEW GOLDSTEIN
Dealbook
The New York Times
MARCH 26, 2014
A growing number of big corporate clients are demanding that their law
firms take more steps to guard against online intrusions that could
compromise sensitive information as global concerns about hacker threats
mount.
Wall Street banks are pressing outside law firms to demonstrate that their
computer systems are employing top-tier technologies to detect and deter
attacks from hackers bent on getting their hands on corporate secrets
either for their own use or sale to others, said people briefed on the
matter who spoke on the condition of anonymity. Some financial
institutions are asking law firms to fill out lengthy 60-page
questionnaires detailing their cybersecurity measures, while others are
doing on-site inspections.
Other companies are asking law firms to stop putting files on portable
thumb drives, emailing them to nonsecure iPads or working on computers
linked to a shared network in countries like China and Russia where
hacking is prevalent, said the people briefed on the matter. In some
cases, banks and companies are threatening to withhold legal work from law
firms that balk at the increased scrutiny or requesting that firms add
insurance coverage for data breaches to their malpractice policies.
"It is forcing the law firms to clean up their acts," said Daniel B.
Garrie, executive managing partner with Law & Forensics, a computer
security consulting firm that specializes in working with law firms. "When
people say, 'We won't pay you money because your security stinks,' that
carries weight."
[...]
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