From: CSO
Legal professionals are by their nature a skeptical and cautious lot, but the sharp rise in cloud-based applications being used by enterprises and law firms, as well as recent high-profile law firm security breaches, has many legal professionals reticent about entering cloud engagements.
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This year’s high-profile breaches at Panamanian law firm Mossack Fonseca and New York-based Cravath Swaine & Moore have raised alert levels even higher. Law firms and legal departments have been warned by the Federal Bureau of Investigation that cyber thieves consider them low-hanging fruit from a risk perspective because of their potential treasure troves of trade secrets and undisclosed deal information that could be exploited.
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