PWC’s 25th Annual Law Firms Survey found that 73 per cent of respondents had suffered a security incident in 2016. These ranged from insider threats to the phishing of login credentials and ransomware. Routinely keeping large amounts of extremely sensitive data on file for long periods of time, law firms need to be particularly vigilant. Yet awareness, training and a top-of-the range technology solutions will only go some way in providing a defence. Given the ingenuity of hackers, they are unlikely to be sufficient in the long term.
The good news is that the solution is not about buying lots of additional products or simply throwing money at the problem. A strategic approach will provide a more robust and more cost-effective solution. The effective scoping of the risks and vulnerabilities to which an individual firm is exposed means that defences are maximised using only precisely-targeted and relevant services.
When the EU General Data Protection Regulation (GDPR) becomes effective in May 2018 the regulatory obligations of any organisation which holds data on EU citizens becomes even stricter. The new legislation will not just apply to those with European customers. The current UK Data Protection Bill, which is also due to be enacted in May, enshrines the principles of GDPR into UK law. In addition to new reporting requirements, there will be a greater emphasis on mapping data, knowing exactly what information is held and where.
A specialist consultancy has the experience and expertise to ensure that top level security is provided in the most cost-effective way possible. From advanced penetration testing to compliance and regulatory issues; from data mapping to ensuring there are no gaps anywhere in the system; it is important to have an overall strategic and correctly scoped plan.
While Data Protection Officers (DPOs) and Chief Information Security Officers (CISOs) take on the day-to-day responsibility, every member of the board or partnership is also responsible for compliance. To ensure that the ever-changing cyber threat landscape is fully understood, additional support and resource is required. Just as a finance director receives support from accountants, a consultancy which operates at all levels of the cyber security spectrum will be able to provide additional expert guidance to DPOs, CISOs, boards and partners. The reputational and financial consequences of a breach can have devastating effect on the whole firm. Board or partner level support for information security and compliance is therefore essential.
SRM is at the forefront of information security in the UK. As cyber security supplier to H M Government, we understand large organisations, but our clients also include corporates, charities and SMEs. Our GDPR team provides expert guidance and is also able to scope a client’s system for frailties and vulnerabilities through bespoke penetration testing, assist with accurate data mapping and provide a whole range of additional services developed to support CISOs and DPOs at various levels from compliance to disaster recovery.
Our eDiscovery team is also on hand to provide technical expertise and resource for all aspects of eDiscovery, from the reduction and redaction of data to the presentation of evidence in a legally acceptable manner. SRM provides a range of highly professional cost-effective solutions, suitable for all sizes of law firms. From the provision of a low cost ‘E-Discovery Lite’ package to the involvement of Expert Witness Forensic Consultants or the use of a Virtual Chief Information Security Officer VCISOtm.
For a no obligation chat, contact Mark Nordstrom or call 0345 21 21 51
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