Insurers are waking up to the legal profession as the soft underbelly’ of cyber security. Analysis of the website of Mossack Fonseca, the firm at the centre of the Panama Papers, reveals glaring security weaknesses. The firm is not the only one to have been targeted by cyber attacks. With one insurer exiting the legal market, and others demanding higher cyber-security standards, the legal profession must get its cyber-act together to stay in business.
This may come as a shock, but some people dislike lawyers.
So, when Mossack Fonseca described itself as a victim of crime (the massive data breach that revealed 11.5 million confidential documents), the firm was probably the only one amazed’ that it attracted so little public sympathy.
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