Recorded Webinar: You are the weakest link … Goodbye: A Practice Risk Guide to Cyber Security

Everyday businesses of all shapes and sizes are targeted by hackers and cyber criminals. Not only does a breach in cyber security cause loss and reputational damage for your firm, it may also result in fines, penalties and, for those firms lacking robust policies, practices and procedures a professional negligence claim.  Most claims arise from fraud facilitated through the interception of emails between lawyers and their clients, including changing bank account details and client instructions. With more staff working remotely (and working across delineated hours from their phones), it is easy for an employee working from home to be the weakest link in the firm’s cyber-security chain, and fall for a phishing, scam or malware attack. This session shall take a practical guide to understanding and managing risk to cyber security for law firms and look at:

• The current risks that exist to an IT network through the use of examples of phishing, scams or malware attacks and what steps should be taken to reduce the risks and ensure compliance
• Recent examples of successful security breaches to identify the weakest link and workshop what steps could have been taken to prevent and identify scams and phishing attempts - identifying altered emails, when and how to verify
• The characteristic of a robust IT network and cyber-security risk management strategy and explore the difference in security and costs between robust systems and those unfit-for-purpose
• Practical steps law firms should take to identify and reduce risks of fraud facilitated through emails, including policies and processes to verify emailed instructions, identify altered emails (either from or to the lawyer) and the role of lawyers to train both staff, clients and related professionals