As clients put more pressure on firms to show they have a proactive information security plan, law firms are prioritizing technology risk management and cyber liability insurance. The pressure is coming as data breaches are on the rise and supply chain risk management and due diligence is becoming a hot topic. While the term cyber security alone may scare you, the task of protecting your environment is not as daunting as it may seem. Because of the increased awareness, more firms are purchasing cyber liability insurance and are taking all available precautions to protect themselves and their clients from the escalating risk to sensitive information which has been entrusted to their care.
This is an excerpt from an article that was published in the KCMBA Counselor and written by Travis Holt. To read the article, click here.